Infographic and Important Statistics of Xiaomi

Xiaomi and the Internet of Things Xiaomi first ventured into the smartphone market in 2010 and has since proved competitive to many of its competitors. Xiaomi has seen a greater growth rate, with statistics indicating a revenue of over $ 15 billion Xiaomi has recorded growth even with existing beats headwinds and market consensus. The company recorded total revenue of $ 53.5 billion, with the overseas revenue attributed to $ 24billion and a YoY growth rate of 10% (Gervasi, 2016). It has also accumulated an adjusted net profit of 3.4 billion in internet service revenues with a growth rate of 29%. Some vital statistics to show that Xiaomi has strengthened its leading advantages in IoT

• The company has 217 million units representing the number of IoT devices within their platform (Gervasi, 2016).
• Has 78.4 AI assistants and 5.10 million individual users, with over five of their devices connected to the Xiaomi IoT platfor...