Xiaomi’s road toward IPO in HK

Founding of Xiaomi Corp Debut of its first smartphone which is sold only online Annual sales exceeding US$1 billion after selling 1 million smartphones by March Debut of Xiaomi’s entry-product line RedMi with price below 1,000 yuan Annual revenue exceeding US$10 billion Release of the second-generation TV products starting from 1,999 yuan

Release of Xiaomi 5 Release of its Mi 5C that uses a self-developed processor

Xiaomi becomes the top smartphone player in India