Xiaomi Corporation is a Chinese multinational electronics company founded in April 2010 and headquartered in Beijing. It is known for its smartphones, electric vehicles, software, and other consumer electronics. Lei Jun founded Xiaomi with seven partners, and he currently serves as the Chairman and CEO. Other key leaders include Lin Bin (co-founder and vice-chairman), Lu Weibing (partner and president), and Liu De (co-founder, executive director, and senior vice president).
Xiaomi has become a major player in the global smartphone market; as of 2025, it ranked as the third-largest smartphone vendor worldwide, trailing only Apple and Samsung. In January 2026, Xiaomi's market share was 9.78%. Beyond smartphones, Xiaomi has expanded into smart home devices, wearables, and, most recently, electric vehicles, with EV sales exceeding expectations in 2025. Recent news includes the launch of the Xiaomi 17 series and Xiaomi Pad 8 series. The company is also developing its own mobile phone chip capabilities and exploring creating its own operating system and AI models.