Xiaomi Corp.
Market Data Current As Of: September 12, 2026
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Xiaomi Corp.
Compare market positioning with top industry peers
Explore Xiaomi
Core profile pages, annual revenue records, and related research hubs for this company.
Company History
Founded 2010 in Beijing, China
Xiaomi was founded in Beijing in 2010 by Lei Jun and a group of co-founders. Its first product was MIUI software, followed by priced smartphones that built a fan-driven hardware brand.
Lin Bin co-founded Xiaomi in 2010 alongside Lei Jun, bringing engineering credibility from his tenures at both Google China and Microsoft China. As President and co-CEO during Xiaomi's formative years, Lin Bin oversaw the hardware engineering and manufacturing operations that produced the Mi series smartphones. His background in software engineering from two of the world's most technically rigorous companies helped ensure that Xiaomi's hardware-software integration remained competitive from the company's earliest products. Lin Bin stepped back from full-time executive responsibilities in 2019, transitioning to an advisory and strategic role. His equity stake in Xiaomi at the time of the 2018 IPO was substantial, and he remains one of the company's significant individual shareholders.
Lei Jun and co-founders establish Xiaomi in Beijing and release MIUI as the first product.
Xiaomi launches its first smartphone, using aggressive pricing and online fan engagement.
Xiaomi expands internationally and becomes one of the most valuable private technology startups of its era.
Xiaomi lists on the Hong Kong Stock Exchange under stock code 1810.
Xiaomi unveils HyperOS as the operating system layer for phones, IoT products, and cars.
Xiaomi begins delivering the SU7 electric vehicle, making smart EVs a major strategic pillar.
Xiaomi reports FY2025 revenue of RMB457.286687B and profit attributable of RMB41.643389B.
Xiaomi reports Q1 2026 revenue of RMB111.3B, up 47.4% year over year.
Build a wide network of connected-device companies around Xiaomi design, distribution, and software standards.
Enter electric vehicles and smart mobility as the next large device category.
Since its establishment in 2010, Xiaomi Corp. expanded from an early-stage venture into a recognized leader in Consumer Electronics, Smartphones, IoT, Internet Services, and Electric Vehicles, overcoming key market challenges.
Over its history, Xiaomi Corp. executed decisive strategic pivots toward scalable monetization and digital distribution, securing its current market leadership.
By continually modernizing operations and embracing workflow automation, Xiaomi Corp. maintains resilience through changing technological and economic cycles.