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How Xiaomi Makes Money

Smartphone maker Xiaomi Corp. filed for its initial public offering (IPO) in early May of 2018. The Beijing-based company, headed by co-founder and Chief Executive Officer Lei Jun, generates revenue through four primary business segments: smartphones, Internet of Things (IoT) and lifestyle products, internet services, and miscellaneous additional services and products.

The World’s Top 10 Tech Companies

If you keep track of these things, you’ll note that the list of the world’s top 10 technology companies continues to be dominated by American names. Then again, you’ll note that two of the names on the list are Chinese and that the second company on the list is Korean.