Xiaomi is a well established and worldwide well-known brand of today. A few years ago, this Chinese company took over a significant smartphone market share especially in China which was mostly occupied by another worldwide giant Samsung. In 2015, they became the number one smartphone brand in China which was a country of 1.4 Billion people at that time! This success made the CEO of the company, one of the wealthiest people in the world as the demand for mobile devices in China is very high. Another tech giant Apple is as well facing hardcore competition in China because of this relatively new company in the smartphone market. After China, Xiaomi has expanded its business to the USA and gained an excellent response from the consumers.
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