Xiaomi Smart Phones Reviews

Xiaomi Official Logo

Xiaomi Inc was established on April 6, 2010, through eight associates. In the first step, institutional investors include Temasek Holdings, a government-owned investment company in Singapore, Chinese venture capital fund IDG Capital, Keying Venture Partners and mobile processor developer Qualcomm.

In the case of sales of Xiaomi smartphones, Xiaomi Inc adopts different strategies from other smartphone makers such as Samsung and Apple. Lei Jun, Chief Executive Officer (CEO) of Xiaomi Inc, mentioned that the company kept the price of phones almost the same as the cost of production, although in this case the quality and performance of the phone is not less than any other part of the premium smartphone. The company also makes the profit by selling phone related peripheral devices, smart home products, apps, online videos, and themes. Source

Xiaomi Redmi Note

According to Chief Executive Officer, the company will focus on producing products for a long time in the future of mobile phones, TVs, and router etc.

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Xiaomi Inc. (Chinese pronunciation [ɕjɑʊmì]) is a private Chinese electronics company, whose headquarters is located in Beijing, China. It is the world's 4th largest smartphone maker, Xiaomi sells 70.8 million units in 2015, and the company owns about 5 percent of the world's smartphone market share. Xiaomi smartphones, mobile apps, and related electronic products design develop and sell. Source

China's Xiaomi  insists on the markets of Europe and the United States

Planning to spend a large portion of the $ 610 million collected from the capital market in the European market. After developing world, China's smartphone maker Shoomi has focused on expanding business in Europe.

Xiaomi Mi 3

According to the plan, Xiaomi is going to be listed on the Hong Kong Stock Exchange on July 9th. As part of this process, the organization has been issuing 218 million ordinary shares of the primary public offering (IPO). Each share is being sold at 2.4 to 15 decimal US dollars.

Xiaomi will spend in three countries - Spain, Russia and Indonesia - with funding from the capital markets. Focusing on the Chinese market, Xiaomi opened their first flagship store or sales center in Paris, the capital of France.
Source: AFP, Reuters.