Since its founding in 2010, Xiaomi has rapidly risen to the top of the ultra-crowded Chinese technology market and now counts itself among the most valuable tech brands in the world. The company primarily specializes in smartphones and consumer electronics and its products own a growing share of global markets. In growing so quickly the company has launched itself into direct competition with Apple, Samsung, and other tech industry giants. Despite this, Xiaomi has experienced steadily growing revenues, operating income, and profits.
Another key segment of Xiaomi’s business is its wearables division. Since first entering the market in July 2014 with its Mi Band, the company has overtaken the long established market leader, Fitbit, and challenged the Apple Watch for the most popular new product in the market. In 2019, the company shipped 41.7 million wearable devices, second only to Apple, whose massive 106.5 million unit sales guaranteed comfortably its market leader position.
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In the following 5 chapters, you will quickly find the 40 most important statistics relating to "Xiaomi".