Stock Market News Today 2018/09/18
XIAOMI CORP
Xiaomi’s sales keep growing lately and that’s despite the limited availability around the globe. The company is working hard on addressing that though and after arrivals in the Philippines, Hungary, and Austria, a Mi Store has just opened in Istanbul.
The store is located at Vadistanbul Shopping Center and the opening of the brick-and-mortar shop gathered huge crowds who lined for gift cards, power banks, Mi Band 2 fitness trackers and 800 more surprises. It also offers all the latest mobile devices like the Mi Band 3, Xiaomi Mi 8, and the Android One-based Xiaomi Mi A2 smartphone.
Since Xiaomi is big on home appliances as well, the newly opened store offers the famous vacuum cleaner, rice cooker, Mi TVs and plenty of home security solutions. Sadly, there are no Mi Notebooks on sight, but hopefully, they’ll be added soon.
Xiaomi Corp Company Profile: XIAOMI CORPORATION is a China-based investment holding company principally Engaged in the research, development and sales of smartphones, Internet of things (IoTs) and lifestyle products, the provision of Internet services, and investment business. The Company mainly conducts its businesses through four segments.
The Smartphone segment is engaged in the sales of smartphones. The IoT and Lifestyle product segment is engaged in the sales of other in-house products, including smart televisions (TVs), laptops, artificial intelligence (AI) speakers and smart routers; ecosystem products, including IoT and other smart hardware products, as well as certain lifestyle products.
The Internet service segment is engaged in the provision of advertising services and Internet value-added services. The Others segment is engaged in the provision of repair services for its hardware products. The Company distributes its products in domestic market and to overseas markets. Web: http://www.mi.com
