The Remarkable Rise of Xiaomi - Billionaire Tales The Remarkable Rise of Xiaomi Billionaire Tales Revolutionizing the Smartphone Industry Few companies in the tech world have achieved as meteoric a rise as Xiaomi. This Chinese tech giant disrupted the smartphone market with its unique blend of affordability, quality, and innovation. Here’s the fascinating story of Xiaomi’s journey to becoming a global powerhouse. The Birth of a Vision (2010) Xiaomi was founded in 2010 by Lei Jun, a visionary entrepreneur with a mission to create high-quality technology products that were accessible to everyone. Along with seven co-founders, Lei Jun set up the company in Beijing, China, with a focus on software development and user-centric innovation. The company’s first product, MIUI, was a custom Android-based operating system that quickly gained popularity for its sleek design and use...
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