
Xiaomi Launches Retrofit Smart Lock for Global Markets
A tool-free security solution designed for renters and diverse door standards
Xiaomi Corporation, often pronounced "Shao-mee," was founded in April 2010 by Lei Jun and a group of co-founders in Beijing, China. Initially gaining recognition for its smartphones and a customized Android operating system called MIUI, which boasted over 600 million users by 2023, Xiaomi quickly diversified its product offerings. Today, it stands as one of the top three global smartphone manufacturers, consistently challenging established brands like Apple and Samsung, particularly in Asian markets.
The company has strategically expanded its portfolio far beyond mobile phones to encompass a vast array of consumer electronics and smart hardware. This includes laptops, wearable fitness devices, smart home products (such as security cameras, sensors, routers, and smart LED bulbs), electric scooters, air purifiers, vacuums, televisions, and electronic toys. Xiaomi has established the world's leading consumer AIoT (AI + IoT) platform, connecting 904.6 million smart devices (excluding smartphones, tablets, and laptops) as of December 31, 2024. Operating in over 100 countries and regions, Xiaomi is driven by a philosophy of combining innovation with quality to provide high-quality user experiences and amazing products at competitive prices.
In recent years, Xiaomi has made significant strides into new high-tech sectors, reflecting its commitment to innovation. In March 2021, the company announced a substantial US$10 billion investment in electric vehicles over the following decade. Its first EV, the Xiaomi SU7, is now available for ordering in mainland China and integrates seamlessly with over 1,000 Xiaomi smart home devices, forming a robust CarIoT ecosystem. The SU7's manufacturing also emphasizes sustainability, with its factory featuring a solar roof and high-efficiency exhaust gas treatment. Xiaomi continues to develop its AI capabilities, launching open-source AI models, and has been listed on the Fortune Global 500 for six consecutive years as of August 2024, demonstrating its sustained growth and influence.