Xiaomi is a Chinese consumer electronics company that uses an IoT platform to connect smartphones and smart gear. Xiaomi Corporation was established in 2010 and debuted on the Hong Kong Stock Exchange's Main Board in 2018. Xiaomi's first product was a software package. MIUI, the brand's customised version of Android, was released in 2010. The Mi 1 was Xiaomi's first gadget, released a year later in 2011.
In the second quarter of 2021, the firm was placed second in the world in terms of smartphone shipments. With 374.5 million smart devices connected to its network, the business has built the world's leading consumer AIoT (AI+IoT) platform (excluding smartphones and laptops.)
The firm presently holds the Guinness World Record for selling the most phones in a single day, 2.11 million. The Chinese smartphone manufacturer achieved this milestone at the 2015 Mi Fan Festival. Xiaomi devices are available in over 100 countries and regions worldwide. The company was ranked 338th on the Fortune Global 500 list in August 2021.
Xiaomi makes fitness trackers, TVs, air purifiers, and tablets, among other things. In India, the business primarily sells mobile phones through flash sales.
Redmi 10 Prime is the company’s latest offering. Phone's 4GB RAM and 64GB variant is priced at Rs. 12,499. It comes in three colours and has a 6000mAh battery. Redmi 10 Prime has a Quad Camera set-up, with a 90 Hz adaptive refresh rate.