Xiaomi annual report

Xiaomi Inc. The mobile internet company has established its presence in 70 countries and regions and it is among the top 5 in 16 markets. Xiaomi currently employs about 18, people. In Xiaomi generated more than RMB billion revenues and expected to get listed in the Fortune Global list in foreseeable future.

xiaomi annual report

Xiaomi business strategy is based on cost advantage. Moreover, the company gathers and utilizes its large fan base in an efficient manner with positive implications on customer loyalty and the bottom line for the business. An aggressive expansion of ecosystem of products and services is also placed at the core of Xiaomi business strategy.

The mobile internet company has matrix and flat organizational structure. According to framework of Ansoff Growth Matrix, Xiaomi uses all for strategies — market penetration, product development, market development and diversification, in an integrated manner. Efficient leadership by founder and CEO Lei Jun, impressive rate of growth and cost advantages compared to competition are considered as major strengths associated with Xiaomi.

At the same time, the company has noteworthy weaknesses such as low profit margin, lower smartphone capabilities and functionalities compared to major competitors and difficulties of sustaining competitive advantage. Moreover, the report contains analyses of Xiaomi business strategy, leadership and organizational structure and its marketing strategy. The report also discusses the issues of corporate social responsibility.

Executive Summary 2. Business Strategy 3. Leadership 4. Organisational Structure 5. Organizational Culture 6. Xiaomi and Ansoff Matrix 7.

SWOT Analysis 7. Marketing Strategy 9. Xiaomi Value-Chain Analysis McKinsey 7S Model Xiaomi Ecosystem Corporate Social Responsibility Alibaba Group Holding Ltd. Why this report is so cheap? Reports offered in this portal are produced by a small group of academic writers headed by John Dudovski.Stocks: Real-time U. International stock quotes are delayed as per exchange requirements. Fundamental company data and analyst estimates provided by FactSet.

Xiaomi's annual revenue 2015-2017

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Today Xiaomi, up-and-coming Chinese smartphone revealed two important figures that serve as the strongest benchmarks to assess its domestic success. This includes Xiaomi phone buyers as well as those who have installed the software on their Android phones as a ROM. The company points out that this means that one in every 48 people in China have MIUI installed on their devices, if you assume that China has a population of 1. Why is this number so significant?

The now-trademark flash sales which have helped Xiaomi attract international attention serve as great marketing. They are also central to its production strategy, in which it only produces what it intends to sell.

The first test will simply see whether or not the company can successfully sell its phones to consumers. The second, more difficult test will see whether or not the company can earn revenues abroad from its software offerings. This will require an extensive network of dedicated developers from around the world that are willing to create products tailor-made for MIUI.

These apps and services must also exceed those that Google already offers in the Google Play store, which only offers free apps and is partially blocked in China like many other Google services. You've reached your 5 free content limit for the month.

Xiaomi : 2018 ANNUAL REPORT

Consuming good content is clearly your thing. Already a subscriber? Log in. Josh Horwitz. Josh is a writer based in the great city of Taipei, Taiwan. When not pecking away at his laptop in a cafe, he can be found playing board games, making amateur subtitles for forgotten Taiwan films, and cooking Indian food sans recipe. He'd love to hear from you. Feel free to reach out at josh techinasia. Comment now. Free daily newsletter featuring stories curated by our editors, delivered directly to you.

Editing by Steven Millward. Support quality journalism and content. Learn more Already a subscriber? Latest Jobs. Be the first to comment!

Top stories in your inbox Free daily newsletter featuring stories curated by our editors, delivered directly to you. Sign up.If you're seeing this message, that means JavaScript has been disabled on your browser. The final count is 70 million, the company said today. The case of the missing phone statistics has finally been solved — today, Xiaomi revealed that it sold 70 million smartphones ina number below even their most modest predictions. Inthe company predicted that they would sell million phones in the coming year — an estimate that was promptly bumped down to 80 million last March.

Xiaomi — the company that used to post real-time updates of the numbers of phones sold during its flash sales — was suddenly shy about numbers. But could be make or break: the year when Xiaomi can reinvigorate its phone sales and get users excited about its plethora of side businesses, or settle to be second-fiddle or third, or fourth to companies like Huawei and Apple. More information here. Erik Crouch. Erik is an American living in Shanghai, where he follows start-ups, rides high-speed rail, and buys too many new phones.

You can contact him by emailing erik techinasia. Xiaomi's global rollout was very muted in - it only ventured into Brazil, a…. This is a really depressing news for Xiaomi, knowing how big their predict….

Free daily newsletter featuring stories curated by our editors, delivered directly to you. Xiaomi finally releases sales stats, fell short of its lowest predictions. Remove this ad space by subscribing. Support independent journalism. Recommended reads Next Prev Apple doubles down on India. Xiaomi strengthens financial services play with a lending app in India.

Luckin may soon face investigations for alleged fraud, report says. Community Writer Erik Crouch Erik is an American living in Shanghai, where he follows start-ups, rides high-speed rail, and buys too many new phones. Latest Jobs. Top stories in your inbox Free daily newsletter featuring stories curated by our editors, delivered directly to you. Sign up. Support quality journalism and content. Subscribe for more.

Xiaomi : 2018 ANNUAL REPORT

This is your last piece of free content. Subscribe now for unlimited access.It also has other meanings, including "Mission Impossible", because Xiaomi faced many challenges that had seemed impossible to defy in our early days. Xiaomi is an internet company with smartphones and smart hardware connected by an IoT platform at its core. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.

Xiaomi is currently the world's fourth-largest smartphone brand, and has established the world's largest consumer IoT platform, with more than Currently, Xiaomi products are present in more than 90 countries and regions around the world and have a leading foothold in many markets. In Julyhe returned to Kingsoft as Chairman of the Board.

Moreover, he invested in many successful start-up companies like YY, UC and Vancl as an angel investor. On April 6,he chose to re-start and founded Xiaomi.

xiaomi annual report

Lin Bin joined Xiaomi in He graduated from Sun Yat-sen University in with a bachelor degree in electronic engineering. He was obtained his master degree of computer science from Drexel University in the United States of America. He is solely responsible for Google China Mobile search, android localization application team formation, engineering research and development.

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Wang Xiang joined Xiaomi in and he is responsible for platform functions and will assist the CEO with Group operations. Wang Xiang graduated from Beijing University of Technology with a bachelor degree in electronic engineering.

He worked as Senior VP and President of Greater China at Qualcomm, and under his leadership the company rapidly expand and deepen its relationships in China. Hong Feng joined Xiaomi in While at Google Headquarters, Mr. Wang Chuan joined Xiaomi in He is responsible for business development and team management of air conditioners, refrigerators, washing machines and other major appliances other than TV.

He founded Thunder Stone Technology Ltd. Liu De joined Xiaomi in and is in charge of the recruitment, promotion, training and assessment of senior staff, organizational structure design and approval.As part of the fund raise, it has a document detailing its financial performance. The Journal saw that document, and it reports the following:. If these numbers are accurate, and Xiaomi really is earning a profit, it's impressive. Xiaomi is the fourth biggest smartphone seller in the world thanks to its strong brand in China, and its low prices.

It sells Android-based phones that are as good as Samsung's Android-based phones, but cost half the price. The rest comes from other products like software and services. Most people assume that Xiaomi is losing money on every phone it sells since its prices are so low.

Xiaomi can earn a profit because it spends very little on marketing. Most of its sales come from word of mouth buzz. But that doesn't matter. Not every company has to earn insane amounts of money. Plus, Xiaomi is only in its fourth year of existence. Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Login Subscribe. My Account. World globe An icon of the world globe, indicating different international options. Jay Yarow.The Hong Kong-listed company, Xiaomi, published its annual report of The net profit for Q4 was CNY 3.

In Q4the mobile phone business's revenue reached CNY On the other hand, Xiaomi's Internet business increased. Xiaomi also shows its excellent transcript in the IoT industry. In Q4, the cost is CNY 2. Wang Zekun. EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation.

All rights reserved. About us. Thank you for subscribing. Please check your email to confirm. You already subscribed and confirmed. Please check your email. You already subscribed. Xiaomi Publishes Its Annual Report of By Wang Zekun Mar.

Associated Company Xiaomi. Wang Zekun contact equalocean.

xiaomi annual report

Enterprise Information Xiaomi. Xiaomi is an electronics and software company that focuses on mobile devices and technology. Last Funding Type. Number of Employees. Number of Funding Rounds. Reach the Author! There also were several other winners. Chinese orthopedic implant providers are challenging foreign players to take back the domestic market.

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