Xiaomi un­veils smart home suite with se­cu­rity fea­tures

The Pak Banker - - COMPANIES/BOSS -

Xiaomi Corp. un­veiled a new prod­uct called the Smart Home Suite with a group of four com­po­nents that of­fer se­cu­rity fea­tures as it broad­ens its range of de­vices that can be con­trolled by mo­bile phone.

The suite in­cludes a hu­man mo­tion sen­sor, and a pair of door and win­dow sen­sors that can be used for home se­cu­rity, Xiaomi Pres­i­dent Bin Lin said to­day at the GeekPark In­no­va­tion Fes­ti­val in Beijing. The company will start a con­sumer test of the prod­uct Jan. 26, he said. "In the past, mo­tion sen­sors were very com­pli­cated and large in size, so that if you wanted a sys­tem you needed pro­fes­sional in­stal­la­tion," Lin told the con­fer­ence. "For this suite, there is not a sin­gle nail or wire. Th­ese com­po­nents are all very sim­ple."

Xiaomi in less than five years has grown to be­come the world's third- largest smart­phone ven­dor and, at $45 bil­lion, the most-valu­able tech­nol­ogy startup. Now, Chief Ex­ec­u­tive Of­fi­cer Lei Jun is push­ing into Web-en­abled de­vices for the home even as it chal­lenges Sam­sung Elec­tron­ics Corp. and Ap­ple Inc. (AAPL) at the higher end of the mo­bile-de­vice mar­ket.

The suite also of­fers a wire­less switch­ing de­vice for con­trol­ling ap­pli­ances, and a mul­ti­func­tional gate­way that links the com­po­nents with other de­vices by Wi-Fi, al­low­ing con­trol by mo­bile phone. The mar­ket for In­ter­net-con­nected ap­pli­ances will grow to $7.1 tril­lion by 2020, from $1.9 tril­lion last year, es­ti­mates mar­ket re­searcher In­ter­na­tional Data Corp.

Xiaomi, which means mil­let in Chi­nese, was founded in 2010 to make soft­ware for mo­bile de­vices run­ning Google Inc.' s An­droid sys­tem. The company sub­se­quently re­leased prod­ucts in­clud­ing a tablet com­puter, a tele­vi­sion set-top box and TVs that con­nect to the Web. Other pre­vi­ously an­nounced home prod­ucts from Xiaomi in­clude an air pu­ri­fier that sends pol­lu­tion read­ings to mo­bile phones and alerts users when its fil­ter is dirty and a light bulb that can change col­ors by re­mote con­trol.

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