Xiaomi - Wikipedia Xiaomi was founded in 2010 in Beijing by Lei Jun along with six associates Lei had worked at Kingsoft as an executive and been involved in the founding and management of Joyo com, the latter of which was sold to Amazon for $75 million in 2004 In August 2011, Xiaomi released its first smartphone and by 2014 it had the largest market share of smartphones sold in China Initially the company
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