Download - Andreas hailu company_preso
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XiaomiCOMPANYREPORT
ANDREASHAILU
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Xiaomi TechnologyCo.Foundedin2010
Fourthlargestsmartphoneproducerintheworld
Theworld’smostvaluabletechnologystart-up
High-endsmartphonesatlowendprices!
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TimelineFoundedin2010byeightpartners
August2010,launchedfirstAndroidoperatingsystemMIUI
August2011– Xiaomi Mi1smartphoneannounced
October2013– ReportedasfifthmostusedsmartphonebrandinChina
2014– BeganexpandingoutsideofChina
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SampleProducts“Mi”Series◦ Flagshipproducts◦ Mi4,Mi Note“Redmi”Series◦ Moreeconomicalproducts◦ Redmi NotephabletSmartphones runonAndroidInvolvedinotherelectronicsaswell◦ Tablets,MiWiFi router,MiTVsmartTV,MiCloud,MiTalkmessagingservice,MiBandfitnesstracker…
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FinancialInfoPrivatelyheldcompany
$12billionUSDinrevenue(2014)
Valued@$46billionlastyear
Sold60millionsmartphonesinall2014◦ ComparetoApple’s51million inQ4’14◦ Up227%from2013posting
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What’sHot?Smartphones,smartphones,smartphones!
Otherproducts:◦ Fitnesstrackersrouters,cloudstorage,externalbatteries,smartTV◦ Smarthomeproducts:airpurifier, bloodpressuremonitor, webcams,weightscales,powerstrips…Allacrosstheboard!
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What’sTheSecret?Theprices!◦ Doesn’townasingle store!◦ Phonescostjustalittlemorethanproduction cost◦ Rotatesphonesevery18months toincreaseprofitbydropincomponentcosts(comparetoSamsung’s6)
Limitedavailability
Emphasisonconsumerfeedback◦ “Designasyoubuild”◦ Weeklysoftwareiteration
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HugoBarraXiaomi hiredHugoBarrainAugust2013
CurrentlyVPofXiaomi
BroughtontohelpXiaomi expandinternationally
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CompetitionSamsung
Apple(?)
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PredictionForhowyoungcompanyis,doingwell
Loyalconsumerbase
InterestingtoseeifIPOintheworksinupcomingyears
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Questions?