XHKG
81810
Market cap87bUSD
Jul 23, Last price
27.14HKD
1D
-2.70%
1Q
-14.43%
IPO
40.42%
Name
Xiaomi Corp
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Profile
Xiaomi Corporation, a diversified investment holding group, delivers a wide array of hardware, software, and digital services to markets spanning Mainland China, India, Europe, and numerous other international regions. Its operations are structured into four principal divisions: Smartphones, Internet of Things (IoT) and Lifestyle Products, Internet Services, and Miscellaneous Activities. The Smartphones division is dedicated to the sale of mobile communication devices. The IoT and Lifestyle Products segment encompasses a broad range of smart home devices, including intelligent televisions, personal computers, AI-enabled speakers, and smart routers, in addition to various other connected hardware and general lifestyle merchandise. Through its Internet Services arm, the company generates revenue from advertising, value-added online offerings, digital gaming, and financial technology solutions. The Miscellaneous Activities segment primarily focuses on providing maintenance and repair services for its extensive product lineup. Beyond these core segments, Xiaomi actively engages in the wholesale and retail distribution of its own smartphones and products from ecosystem partners. The company is involved in the development and marketing of software, hardware, and electronic goods, alongside the procurement and sale of mobile devices, partner items, and essential spare parts, including the sourcing of raw materials. It also manages its network of retail outlets. Its diverse ventures further include research and development in computer software and information technology, property management, commercial factoring, e-commerce initiatives, market intelligence, and the sale of digital books. Moreover, Xiaomi participates in various investment activities, asset and project management, investment consulting, and technology dissemination. It also provides a comprehensive suite of internet-based financial services, such as consumer lending, virtual banking, IT advisory, electronic payment processing, and other related software and online services. Established in 2010, Xiaomi Corporation is headquartered in Beijing, People's Republic of China.
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