Xiaomi: In the meantime, Xiaomi is going to out with the release of the Mi Max, Mi Band 2 and MIUI 8 ROM on 10th May. The event of the sale of the classic devices by Xiaomi is not yet over, and the company is going to be once again on air as the leaks of the new smartphone have been spurted out.
The rumors are being made, and it is anticipated that Xiaomi is coming with the new smartphone. It has been alleged that 6.4-inch Android Smartphone is going to make its entry in the market.
Speaking of the Company Xiaomi, which was founded 6 years ago i.e. on 6th April 2010 by Lei Jun is a privately owned company that belongs to the consumer electronics and computer hardware industry. The tech-giant designs, develops, manufactures and sells the Android-based smartphones. Other than this, the company has its hands in the consumer electronics also, which includes fitness trackers, TVs, air purifiers, and tablets. The company is mostly known for selling its smartphones via flash sales in India.
The company has developed 29 phones in the period of 6 years which include Redmi 3 Pro, Mi 5, Mi 4s, Redmi Note 3, Redmi 3, Redmi Note Prime, Mi Pad 2, Redmi Note 3, Mi 4c, Redmi Note 2, Redmi 2 Pro, Mi 4i, Mi Note Pro, Mi Note, Redmi 2A, Redmi 2 Prime, Redmi 2, Mi 4 LTE, Redmi Note 4G, Mi 4, Mi Pad 7.9, Redmi Note, Redmi 1S, Redmi, Mi2A, Mi 3, Mi 2S, Mi 2 and Mi 1S. Among the Xiaomi’s smartphones, Mi 5 is the company’s flagship.
Headquartered in Beijing, the company is the world’s 5th largest smartphone manufacturer in 2015 and has sold about 70.8 million units. In 2014, the company achieved a significant level as it sold over selling 60 million units.
In August 2011, the first smartphone was released by the company, and it acquired a meaningful market share in mainland China and extended its market in consumer electronics too, including a smart home device ecosystem.
Also, the founder and CEO of Xiaomi, Lei Jun has been ranked as China’s 23rd richest person as per the Forbes.