Xiaomi's new 'Rifle' processor has given weight to several sources linking the latter meaning to the Communist Party of China's 'millet and rifle' (РµВ°РЏР·В±С–РµР‰В Р¶ВТђР¶С›Р„) revolutionary idiom during the Second Sino-Japanese War.Р”В«usiness model Р”Р„ Xiaomi Exclusive Service Centre for customer support in Kuala Lumpur. In 2012 Lei Jun said that the name is about revolution and being able to bring innovation into a new area. He also stated that he thinks the name is cute. He linked the 'Xiao' ( РµВ°РЏ) part to the Buddhist concept that 'a single grain of rice of a Buddhist is as great as a mountain,' suggesting Xiaomi wants to work from the little things, instead of starting by striving for perfection, while 'mi' ( Р·В±С–) is an acronym for Mobile Internet and also Mission Impossible, referring to the obstacles encountered in starting the company. In 2011 its CEO Lei Jun suggested there are more meanings than just the 'millet and rice. Xiaomi ( РµВ°РЏР·В±С–) is the Chinese word for ' millet'.

6.1 Security Issues in Indian and certain overseas versions of MIUI.5.7 Temporary ban and criticism in India.5.5 Privacy concerns and alleged data theft.5.3 State administration of radio, film, and television issue.The company has been listed on the Hong Kong Stock Exchange since 2018. In 2019, Xiaomi's mobile phone shipments reached 125 million units, ranking fourth globally since 2018. Ranked 468th, Xiaomi is the youngest company on Fortune Global 500 list for 2019. Xiaomi is the world's 4th most valuable technology start-up after receiving US$1.1 billion funding from investors, making Xiaomi's valuation more than US$46 billion. According to Forbes, Lei Jun, the founder and CEO, has an estimated net worth of US$12.5 billion. It has expanded to other markets including Greater China, Singapore, Japan, South Korea, Russia, South Africa and most countries and regions in Southeast Asia and Europe.

Monthly active users (MAUs) of MIUI increased to 291.6 million in September 2019. Xiaomi later developed a wider range of consumer electronics, including a smart home ( IoT) product ecosystem, which has connected more than 100 million smart devices and appliances. At the start of second quarter of 2018, Xiaomi was the world's fourth-largest smartphone manufacturer, leading in both the largest market, China, and the second-largest market, India. Xiaomi released its first smartphone in August 2011 and rapidly gained market share in China to become the country's largest smartphone company in 2014. Xiaomi is also the fourth company in the world after Apple, Samsung and Huawei to have self-developed mobile phone chip capabilities. Xiaomi makes and invests in smartphones, mobile apps, laptops, home appliances, bags, shoes, consumer electronics, and many other products. Xiaomi Corporation ( / Р›в‚¬ РљС“ aРљР‰ m iР›С’/ Chinese: РµВ°РЏР·В±С– ( listen)) is a Chinese multinational electronics company founded in April 2010 and headquartered in Beijing.

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