Thursday, August 29, 2013

What is Xiaomi? Here's the Chinese company that just stole one of Android's biggest stars


Yesterday, Google lost one of its top Android executives to a relatively unknown Chinese cellphone manufacturer. While the circumstances surrounding Hugo Barra’s departure are still murky and potentially dramatic, there’s no question about where he’s headed: he’s going to Xiaomi as vice president of Xiaomi global, which, according to The New York Times, some in China have dubbed the "Apple of the East."


But outside of China, Xiaomi is the furthest thing from a household name. The three-and-a-half-year-old company has 2,400 employees, annual revenues of about $2 billion, and only sells its wares in China, Hong Kong, and Taiwan. That limited market spread means Xiaomi isn’t even a blip on most American’s radar. Despite that,...


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Source: The Verge - All Posts http://www.theverge.com/2013/8/29/4672668/what-is-xiaomi-china-smartphone-hugo-barra-android

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