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Q4 2024 Xiaomi Stock Valuation Analysis

Xiaomi Corporation is a global consumer electronics and smart manufacturing company headquartered in Beijing, China. Founded in 2010, Xiaomi has grown into one of the largest technology companies in the world, primarily known for its smartphones, smart home products, and Internet of Things (IoT) ecosystem.

Xiaomi’s business model revolves around delivering high-quality yet affordable products to consumers, leveraging a direct-to-consumer sales model and strong brand loyalty. The company’s products range from smartphones, tablets, and wearables to smart home devices such as smart speakers, cameras, lighting, and appliances. Xiaomi has also ventured into the electric vehicle (EV) space and 5G technology, expanding its market reach and growth potential.