Tag: xiaomi

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Tech

Xiaomi EV is Coming Soon and Im Excited

Xiaomi entering the EV market.

I think Xiaomi is one of the most interesting companies in the world. Xiaomi has managed to develop a huge portfolio of products with the aim of selling them with low margins to gain as much market share as possible and then make most of their margins from software based services for these products.

Xiaomi has now announced that they are going to spend $10 billion USD over the next 10 years to manufacturing electric cars, embarking on its biggest-ever overhaul to enter China’s booming EV market.

Xiaomi didn’t specifically state whether they were going to develop the software for these EVs or develop the entire Car (much like Tesla).

I would assume they will go down the Tesla route to market and will develop an amazing EV.

Categories
Business Stock Market Tech

Is Xiaomi Listed on a Stock Market and Is the Xiaomi Profitable?

Yes – Xiaomi listed on the Hong Kong stock market under the ticker (1810.HK)

Yes – Xiaomi is a profitable company at the time of writing this article. Xiaomi generated $1.1 billion in Operating profits for the year end 2019.

Categories
Tech

Who is the Largest IoT Platform in the World?

xiaomi iot

Xiaomi

Xiaomi currently has more than 213.2 million smart devices (excluding smartphones and laptops) connected to its platform.

Categories
Tech

How has Xiaomi grown so quickly?

xiaomi phone lineup

Xiaomi is a very interesting company with a very interesting business model.

The vast majority of phone manufacturers around the world create a smartphone with a cost of around $100 and then they spend a huge amount of money on marketing and branding. The company then believes that the smartphone has a much higher percieved value – so they sell it for $400 or above.

Xiaomi doesn’t do this!

Xiaomi is aiming to sell all of its products as close as possible to their costs – as they want to have as many products available in the world as possible.

Once out in the world and being use – Xiaomi then looks to drive revenues from providing software and services around these products, which has a much higher margin that the hardware itself. Thus, driving higher demand, more product adoption and thus more revenues from services.

Categories
Business Tech

Xiaomi Lamp is Finally Available to Buy on Amazon

xiaomi lamp

The world class Xiaomi Lamp is finally available to purchase on Amazon.

Xiaomi has won many design awards with this lamp and I read that is by far and away their most popular product. It provides a sleek and simple design that can fit into pretty much any office design.

Categories
Stock Market

What is the Difference between Xiaomi XIACF and XIACY?

xiaomi-9

If you searched for Xiaomi ADRs, you’ve inevitably come across both XIACF and XIACY. What’s the difference? You cannot trade XIACF as a retail investor because it’s a “privately placed” ADR under SEC Rule 144A. This means that they’re for qualified institutional buyers (QIBs) only. QIBs want and contribute to the 25x higher average trading volume than XIACY. Volume ensures there are enough buyers and sellers to trade with you. Information and services are also limited to QIBs.