Mi Store SMART DISTRIBUTION KANNAUJ

Gaurav Kushwaha 47 months ago

Xiaomi released its first smartphone in August 2011 and rapidly gained market share in China to become the country's largest smartphone company in 2014.[4] At the start of second quarter of 2018, Xiaomi was the world's fourth-largest smartphone manufacturer,[5][6][7] leading in both the largest market, China, and the second-largest market, India.[8] Xiaomi later developed a wider range of consumer electronics, including a smart home (IoT) device ecosystem.[9][10][11][12]

Xiaomi has 15,000 employees[13] in China, India, Malaysia,[14] Singapore and is expanding to other countries including Indonesia, the Philippines, and South Africa.[15][16] According to Forbes magazine, Lei Jun, the founder and CEO, has an estimated net worth of US$12.5 billion.[17] He is China's 11th richest person and 118th in the world.[17] Xiaomi is the world's 4th most valuable technology start-up after receiving US$1.1 billion funding from investors, making Xiaomi's valuation more than US$46 billion.[18]
Xiaomi produces many products. Notably, it produces smartphones which run on their own version of Android MIUI firmware. Observers suggest that part of Xiaomi's rapid success rests on its ability to differentiate itself within the Android universe.[22][need quotation to verify] The company has increased its range of products; its smartphones include: Mi Series, Mi Note Series, Mi Max Series, Mi Mix Series and the Redmi Series. Redmi Note and MI mobile phones are two different products of two different companies.As well as mobile phones, Xiaomi has started selling wearables, mobile accessories, and appliances such as television and speakers. In 2018 it was selling tablets, laptops, and smart-home devices.

Xiaomi operates on a vertically-integrated model that enables the company to sell hardware at cost or below in order to attract users and earn money by selling content.[22] Hugo Barra, a former Google executive who served Xiaomi's vice president from 2014 to 2017, characterized the organization as "an Internet and a software company much more than a hardware company".[23]

Xiaomi also keeps its prices low or close to "bill-of-material" by keeping most of its products in the market longer, eighteen months rather than the six-month norm followed by many smartphone companies.[23] This strategy allows Xiaomi to take advantage of price reductions in the prices of key components of its products. It enables the company to sell hardware with specifications comparable to high-end devices at a fraction of the cost.[24][need quotation to verify]

The company's version of the Android operating system, the MIUI skin, with its design, app marketplace, and functionalities, has established a community of users[22] who form a crucial part of Xiaomi's customer base and contribute to the company's drive for market awareness. This ecosystem is a massive source of revenue as indicated in 2015, when sales from the platform reached $750 million.

Gaurav Tiwari 59 months ago

All MI phones available in good rate

MOHAMMAD Saquib 59 months ago

A place where you will find whole range of M.I. mobile phones