Xiaomi

Xiaomi released its first smartphone in August 2011 and rapidly gained market share in China to become the country's largest smartphone company in 2014.^[4] At the start of second quarter of 2018, Xiaomi was the world's fourth-largest smartphone manufacturer,^[5][6][7] leading in both the largest market, China, and the second-largest market, India.^[8] As of May 2019, Xiaomi ranks among the top five smartphone market segments in 40 countries and regions.^{[citation needed]} Xiaomi later developed a wider range of consumer electronics, including a smart home (IoT) device ecosystem, which has connected more than 100 million smart devices.^{[9][10][11][12]} Monthly active users (MAUs) of MIUI increased to 291.6 million in September 2019.^[13]