Xiaomi is an electronics manufacturer. It was founded in 2010 and is based in Beijing, China. Although a newcomer in the smartphone sector, Xiaomi through its rapid adaptability, in the changing smartphone market, has not only managed to beat older competitors in the market in sales and production but also has managed to expand internationally at a lighting speed. It also diversified its products in the home electronics sector in the mid to late 2010s.
Xiaomi Mi phones are sold globally surpassing sales of its competitors.