How Xiaomi broke out of China to go global | CNBC Reports
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- Опубліковано 4 вер 2019
- Chinese technology company Xiaomi went from start-up to one of the world’s biggest companies in less than a decade. One year after its initial public offering, the electronics firm is the youngest member of the Fortune Global 500. CNBC’s Uptin Saiidi visits its Beijing headquarters to understand how Xiaomi’s success in markets like India helped turn it into a major global player.
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#CNBC #Technology #Xiaomi
Thank you china phone makers for challenging samsung and apple and making us the consumers have cheap phones with great performance
Thank you Xiaomi for copying iPhone design and making us the consumers have cheap phone with great looking.
@Don Espoleto
I use over 8 chinese phones and none of that happened maybe if ur just careful of ur acc and not stupid u can avoid that
@Don Espoleto
Sis i have a job making 55k per month lol
Im just wise enough to know that other phones are overpriced
@Don Espoleto
Lol i always have 2 phones evry year i buy new
I see ur not smarthphone person or a techperson that's why u can't understand me
@Don Espoleto hey it's someone personal choice whether they want to upgrade their phone every year or stick to their outdated phone for years. Many users want to use the latest specs and features available in the market and they have every right to use a more viable option than spending money on premium smart phones. No need to be so judgemental and enforce your opinion on anyway. Remember it's there money and their choice. You can keep sticking to your outdated phone for 5 years.
Not a Xiaomi fan boi but I appreciate them for bringing down the price of cell phones.
They're godsends for poor people like me
@@sero Their Redmi Note 10 Pro is an absolute powerhouse, while the price is pretty impressive ($250)
Someday, the US might call Xiaomi a threat to national security as well.
😆
It is a threat. I believe the government here has banned all chinese phones. Such as Huawei, Xiaomi, Vivo, or whatever is Chinese phones. But its not a problem to me. Im still happy with my iPhone XS.
Vietnam Number 1
No don’t think so. Xiaomi is more of a integrator, an enterprise which makes affordable products for your everyday life, it doesn’t have the technology that potentially threaten US’ leading position
@@thatecomguy39 OnePlus is Chinese too. You guys have them there.
Xiaomi looks like a warm and friendly phone company. Happy Xiaomi fan here. 😊 Xiaomi is the best in managing sub brands.
Xiaomi really has top notch product and worth for the price paid.. Loved it.. Cheers for Xiaomi
You mean a cheap version copycat of Apple?
Will Lee typical apple fanboy. Xiaomi has different os different design. Apple didnt invent the smartphone, they stole the idea as well. Heck steve jobs even stole the macOS idea from xerox
Will Lee chinese smartphones are often more technologically advanced than iphones. They innovate, while apple copies. For example, bezeless displays with popup cameras are a chinese invention, shich apple will soon copy. Camera under display is another xiaomi invention, which i am sure apple will copy.
@@Tamohawk its cheap laggy shit never buy miui phones worst laggy heavy ui never ever invest in mi....redmi user myself 😭
@@sunithab5454 Using..Buget phones complaining about Miui..lol..what you need
Got my Redmi K20 two days ago, and honestly initially never expected much from it. But I have to say I am BLOWN-AWAY. The display and the camera on this thing is just insane!
Please don't forget to be blown away by its design never available in iPhone or samsung
BOYCOTT CHINA PHONES AND CHINA PRODUCTS. BAN CHINA.
BOYCOTT CHINA PHONES AND CHINA PRODUCTS. BAN CHINA. ONE SHOULD NOT FEED BAD PEOPLE. FEED YOUR OWN COUNTRIES COMPANIES, YOUR OWN PEOPLE.
@Lakshml Narasimha Reddy Bujuti I get that you're upset, but it's kinda racist to boycott a certain company's products just because its based in a certain country.
@@lakshminarasimhareddybujut6394 they are not from india
Xiaomi makes good products at lower cost..great job by xiaomi..and great work by you ..
In Brazil Xiaomi even has a fan club, the Xiaominions!
lol
@@Overneed-Belkan-Witch thats so cute XD
震惊了，mi boy's club
BOYCOTT CHINA PHONES AND CHINA PRODUCTS. BAN CHINA. ONE SHOULD NOT FEED BAD PEOPLE. FEED YOUR OWN COUNTRIES COMPANIES, YOUR OWN PEOPLE.
@@lakshminarasimhareddybujut6394 Did you know Xiaomi helps more than 50 thousands people in India and give them a job? Xiaomi is a chinese brand but also loves India.
and did you know that some xiaomi phones are "made in India"? like POCO and other stuffs.
That moment when you know there's a couple name their daughter as Xiaomi.. 🤪
In Chinese language this is a cute name.
For a nickname or something like that, yes. But for a actual given name, no. That's too stupid ( maybe foreigners would). XiaoMi stand xiao=little rice=mi in Chinese.
Restiandi Reza that wasn’t that funny :)
It seems like a song flay away：
Are you OK ？ Hello !
Thank you ! Thank you very much !
@@ChaseYu arent it supposedly xiao mei>xiao mi?
I have no regrets choosing Xiaomi as my smartphone. Budget friendly with specs wise is what Xiaomi gives to their valued customer.
- Love from PH 🇵🇭
I say the same, I opted for Xiaomi and it wasn't a choice.
Question: is Xiaomi a threat? Answer: Apple is dropping prices.
It is forcing apple as well as samsung
Apple: iPhone 12 is coming out $50 cheaper than the iPhone 11
Also Apple: But we're not going to include a charger or earphones
Some how the US government will try to ban xiaomi (in China)
@@happios I think Xiaomi is somehow going to slip Biden some cash...
SCREENPLAYHOUSE LLC or offer his son a nuclear scientist position and pay him at $500/hr
When I was living in China, I personally experienced to enter in several Xiaomi stores. Their stuff are very accommodating and friendly + their products are really amazing and affordable
I love this brand..... I had the Xiaomi Redmi Note 2 from 2015, up until August last month and my entire family uses this brand for phones. It is easy to use and the cost is just right. I bought the Xiaomi Redmi K20 last month only because I dropped the note 2 from a flight of stairs and I needed a great excuse to get an upgrade...lol, and I am loving it so much, even got my sister to get one. I also got the Mi band 4 as well as the body composition scale. Love it.... My home will eventually become home to Xiaomi....
This is clearly not just a normal comment.
you forgot to mention the prices and maybe their website. Great Add anyways.
@@arabianspots5588 It is a normal comment and not an Ad. I have not mentioned prices as it will differ based on country and I am using third party service providers to import this brand as it cannot be sourced locally. Cost wise, I can buy THREE Xiaomi Redmi K20s for the price of ONE Samsung S9/S10 series and still have change as well as be the envy of colleagues.
@@arabianspots5588 I don't think that's paid. Xiaomi can't afford to pay people for such nonsense. I have a couple of Xiaomi phones in home and also a body composition scale. Plenty of my friends have Mi Band as well. So, its not a stretch by any sense of the imagination.
@@carina4796 I'd have advised u to buy the slightly costlier Redmi K20 Pro instead. That's a flagship device at a fraction of the cost.
@@TheFourthWinchester thank you for the advice.
Im watching this from India in a xiaomi phone, what are the odds😉😁😁
not surprising...
Pretty high
Mine is realme
@@busyguy8266 then your watching the wrong video dude.
Actually 70 to 100
soon xiaomi will also be labelled as a threat to national security lol
It is a threat.
They did
They did
🖒😂
Threat to economic interests => threat to national security (:
XioaMi is an absolute value purchase for a mobile phone. Hands down! Good luck with your other products.
I liked it when he said Apple is a great company.
I like it when someone praises a rival
Apple used to be highly respected by peer technology people. Apple used to a true leader in tech.
Huawei CEO said the same. If it was the other way round, they'd say Xiaomi is a cheap company
Xiaomi and apple aren't really rivals tho..
They compete at a different market segment...
@@kly2266 I don't mind Xiaomi aiming at high-end phone. Samsung is a bit overprice right now.. milking money from premature device like S20
*Rival...???*
*Huh... really ???*
They need to start changing this channel name to this guy. Hi probably most decent thing on this channel
@黃杰禮 it is a meme/joke obviously 🙄
abdi ali you’re a moron bin Ladin
黃杰禮 you wanted to say something racist didn’t you
💯 Facts
黃杰禮
How are you using UA-cam in china
Apple fans often say they wish apple did everything like cars, fridge, bike. Seems Xiaomi took some notes.
No one wants that cuz they would be shitty as hell
@@ravisharma3719 and overpriced.. apple wheels
hello，can you tell me the means of "took some notes"? i coulnd't realize it
@@zebinwu8386 "took some notes" = wrote some things on paper. Chinese companies are known for being copycats of west brands.
I bought a redmi note 8 pro I love it I'm never buying iPhones again
4:02 WHAT'S THE 2 GIRLS INSTAGRAM ON LEFT?
How much does it cost
Lol... Wait for a year and watch the magic! Degraded performance and battery .
@dillydong Lol... Wait for a year and watch the magic! 70% depreciation and a new overpriced phone to buy to stay on trend.
@@kkkirytenahtss1 sorry but thats not gonna happen .
This reporter should start his own show man. I watched a lot of his videos so far. I like him. CNBC GO AHEAD AND DO IT THANK YOU
I imported a laptop from this company to Amsterdam. Laptop is great!
Price?
@@harshpatel-3015 700$ 13.5'
Xiaomi's business model is High quality affordable to the masses. Xiaomi is the Panasonic of China and is a force to be rekoned with on the global arena. Their engineers are dynamic as well as their product designers. Their products start with mobile devices and then head to the sky.
小米类似中国的苹果公司，松下有自己的工厂，小米没有！
Im a big fan! Self proclaimed! I love Xiaomi phones, bags and shoes! 🇵🇭
redmi 5a prime, redmi note 6 pro and now i'm using mi9t .. i love XIAOMI ..
I have the Xiaomi Mi8 and it is probably the best phone I've ever had. Over one year in and stillgoing very strong. Now if only they can freely sell in the US... But Apple and Samsung wouldn't want that... They'd get destroyed given the value and beast of a phone Xiaomi produces.
When Xiaomi makes it fully in the US market.
Apple full panicked mode
Keegan you can read right ??
Xiaomi would be labelled a threat to US national security
@Rio the Chief Master Boss Idol A government which surveillance it's own people's personal messages and many other countries, talking about security threat ?? Lol
I'm happy with my 6 inch $50 used phone that's light as feather. The lg stylo 3 Plus.
When I see the cost of iPhone x, I was surprised. 1k usd brand new.
I hope Xiaomi get popular in the US. I wanna try it. A phone that doesn't cost you a leg or arms? Sign me up.
Seeing this reminds me of my time in China and Hong Kong. Great memories and I absolutely LOVE Xiaomi!
Xiaomi's growth was smart and cost effective. Targeted mass market, sold online at the start minimising costs. Very Chinese way of business.
@B K Lau
Apple's growth was smart and really profitable. Targeted wanna look rich and trendy, sold at overpriced costs while keeping production cost really low using modern slavery. Used really effective marketing giving phones to wannalookrich idols like celebrities ect.
Very American way of business
Marketing over quality and using own population stupidity. And yes don't tell you aint stupid.
Greetings from my country,
Africa
As a broke af person myself, i happen to get my hands on a wonderful phones thanks to these budget oriented brand. fyi im typing this with my 4 yr old redmi note 2 and planning to get 9s because its just so damn good for its price.
Mi phones are really great ..man .. deserves to be the top
interviewer: “Walking into Xiaomi feels like Apple”
Xiaomi President: “we are really different”
interviewer thinks: “yeah right”
I’m so glad I have Chinese friends willing to send me these neat things from China-at least until I get there next year! My Xiaomi tablet is even better than my iPad in speed and overall performance! My ONLY complaints are battery (the first 50% goes down pretty fast; then it slows down). But, it CHARGES back up fully in less than an hour-so, not really worth complaining about! Second is the camera-which I never use anyways.
I’ll be ready for a new phone before leaving next year and I’m wavering between Huawei (with their new, “advanced” OS they are coming out with) OR Xiaomi. We’ll see, I have enough friends there always testing the new devices out, that I’m sure it will be an excellent product, whichever I decide on!
PS Just like so much about what we hear about China these days; “Made in China” doesn’t mean anything like it used to anymore! EVERY electronic my friends have sent has been EXCELLENT quality! Are there some dud out there? Of course, no country OR Company, is perfect. But, at least China is moving in the right direction-no matter WHAT US media and politicians try and tell us!
So u support enslaving people? Thats what Xiaomi and Huawei r doing by helping the CCP. But ig our western values arent worth a penny anymore
@@foxkujo9684 Enslaving people when this is based on automation, with Xiaomi automated factories, and has higher wages than the world average? Slave labor doesn’t exist in China anymore, at least legally, and everything is prioritized on long term prosperity now, not useless short term cash cow but damaging labor like what you probably think. Still you will probs think I am a CCP Wumao bot shill thing.
@@bigbrothersinnerparty297 Hm so the the Labor Camps in Xinjiang dont exist for you? There id do much wrong...
@@foxkujo9684 Xiaomi and Huawei aren’t enslaving people. Xinjiang has re-education camps, and none of that is related to the Chinese economy as a whole. They act more like prisons and the only ones of those people doing labor are the extremists. I am fine with terrorists going to work camps. And before you say anything, I don’t believe there are millions in those camps, there are a lot of facilities in each of those camps and a lot of the satellite footage of the camps are not even close to being related to them.
@@bigbrothersinnerparty297 Huawei helps identifying Millionär of Ughyurs by surveillance Software. Million of People r in prisons, what r u up to
Xiaomi is doing absolutely best in India. They are honest, innovative and quality product maker.
Once our people got more GDP per capita u can see how people leaves xiaomi
@@gobimurugesan2411 But by then the smartphone prices will be higher
@@gobimurugesan2411 - ironic how india recent GDP is at its slowest in over six years...hope you recover soon and good luck with modi regime anyway
@@ankitdgaf i supported bjp during 2014 elections. But they have time only for hindu muslim politics not for economic...😑
@@gobimurugesan2411 if we get gdp like China ,that will not make every person rich there will be many middle class people to buy xiaomi.
@7:06 Someone doesn't want to be in a video !
It may be his lover
hahahaha some gr right now is mad
@@alexluong1054 i noticed it too😂😂😂
@@alexluong1054 weird af
her father doesn't wanna know
OMG Found myself in 3 Shots in all over the Video😍😍👍👍👍🔥🔥 Happy to be a User of Mi❤️❤️
I am using my Redmi 4x for 3 years. Xiaomi have quality peace.
Not the newer one, here our battery gone after 5 months of warranty expiration. And many of my friends display screen gone bad. I trust in Samsung than Mi
2:03
Did anyone else notice how seemlessly he handed his business card?
Vedraj r.m uptin was smooth for that one lol
In China it’s common to exchange business cards when meeting.
@@hassanmohammad1082 isn't it it's normal everywhere
@@gobimurugesan2411 business cards are non existent here in the Philippines
@@hassanmohammad1082 in Australia is not common too unless your in a position where you need to meet clients or your in certain positions only then you will receive a business card...
To me printing business card (unless you use very high quality and creative design it will be costly) is cheap and every employee even lowest level should get one, this give employees sense of belonging.
It’ll be super hard for them to sell in the US as Americans are willing to spend $1000 for an iPhone 📱
Let xio mi in USA without any istigma attach to its name attach to its name like that of Hwaway and then see what happens.
Sarcasm?
they wontbe able to sell in the us due to the fact they blatantly copy apple's design and aesthetic
@@mistermood4164 They are an IOT firm. they have hundreds of different products from smart underwear to laptops, robotic vacuum cleaners, electric scooter, drones, smart tvs,fitness band, smart watches headphones etc. Apple doesn't have so many different products. And the iPhone design is not in the hype anymore. Nowadays most of their phones have their own design.
@@mistermood4164 didn't apple stole "animoji" trademark from a small Japanese company ??
George from Sienfield would be so upset n Jealous with that couple naming their kid, he wanted to name his kid 7 lol
Next victim for US?
It's probably going to be the next victim of India
Nah we r very protective of companies employing Indians so no way.
Ur everywhere
Ur are everywhere
Bro who are you i saw you’re comment in dozens of video
Recently bought a xiaomi headphones and its awesome!
Raihanna Razman Thanks to me.
@@vkray why
Showaib Zaman joking
@@vkray ok good bye.
Lei Jun: “are you okay!”
Do you like mi band
hello，thank you
7:54 not only do their stores look very similar to Apple but they use iMacs 🤙🏻😎
@Romanus Ludju what?
@Romanus Ludju i have
I am from Australia and very tough on things.
I will only buy Xiaomi phones from now on.
My Note 4 is over 2 years old and works as good as the day I bought it.
Watching from morocco in my redmi note 7
How did u get inside man?
@Yasoboy
To be honest i dont really care from wich country or what company
All i care is the best quality for the lowest price and thats what redmi is good about
@@Jv-wy7kl what i didn't get what you're trying to say
@@rachidelfermi6759 u got that from shipping or local store?
@@nikkeipvck8529for me i brought it from AliExpress but there are local stores
hahaa they named their child xiaomi hahathat got me
That got Uptiin (our host) crack too :D
Xiaomi is quite a normal name in Chinese language. It's like name a girl Rose or Lily, not wired at all.
Welp its not weird in China coz Xiao Mi can actually be a name in Chinese 😂 still better than naming your child Google
I went to their london store and I was impressed the look and feel...I bought and bag and Bluetooth I love the price and products
watching this on my Xiaomi Redmi Note 5! i love this phone so much!
Uptin is a great host for this series. Very knowledgeable and makes it look easy!
Thank you!
It's soo awesome to see this video, thanks to everyone whoever helped to make this video possible. It's soo informative.
02:00 his welcome style...
Wow, i love it...💐💐💐💐
Love #mi
Still have my Note 4 - 6 years later, still works a charm, better than many other newer phones that we as a family have bought. Xiaomi - Mi company fan here.
Cant wait for Xiaomi USA! People here would love some competition all we have is Apple, Samsung, OnePlus, Nokia, Motorola, ZTE, BLU, Google, Sony and a few insignifiant others we have NO Huawei, Honor, OPPO, Vivo, Xiaomi, and many more we need competition here.
Xiaomi wants to go there but the strict regulation and useless taxation hinders them to go there
What ZTE?
apple,nokia,motorola hahhahahhah🤣🤣
Meh the American market is rather restricted. Xiaomi would've to partner with carriers in order to succeed and that means their phones will probably be a lot more expensive compared with other markets.
@@cise4832 They would have to partner with best buy they are already at B&H and they would most likely partner with T Mobile since T Mobile is the most open to partnerships.
I love this company
amattoe louis ccp is bad
@@bigredone1030 you are worse
@@user-ee8yh8vf1f Negative. I don't use a social credit system
@@warriorgavalaki7336 Hahahahahaha yea ok bud. Good thing i'm not in the peoples republic of cancerfornia.
Love xiaomi!!! Before i use apple products but now shifted to xiaomi.
Watching this on my Xiaomi Redmi9t phone!
Xiaomi is reliable, durability, and Fair Price..
This brand is super popular in pakistan they sell like hot cakes here
How about huawei
Ha ha ha. And still China choose India over Pakistan
@@nimitzliu821 huawei is also really popular.
@@98854arjun when the fuck did that happen?
@@KhalnayakNo.1 hahaha probably watched a little too much indian media right?
Actually there is six way to enter through that door..
Breaking the glass is optional..😉
i like your style, only problem is sound destruction.....
Been to a Xiaomi store in HK, very enjoyable visit. The product design is beautiful.
I have a xiaomi roborock and I live in the states, love it so much!
Nice to see them succeed outside of China. Its kinda difficult for most tech companies to do that.
I like Xiaomi’s consumer products and i hope it will really expand in other countries🤗
Feels good watching this on my Xiaomi Mi Max 3!
I love my Xiomi M8. It’s a very good company
You guys should post more videos...I really enjoy your videos....keep it up
Thank you! Check out my personal @Uptin
Watching this on my Xiaomi mi5 while wearing my miBand 4
I've visited its stores and bought several great items. You should experience its electric scooter. Top of class
Cheap price amazing performance..♥️ XIAOMI
It's a great company... it's generating competition world wide in smartphone industry...it benefits a lot for us the consumers.
And MIUI has some great functionalities that other UIs don't offer.
You can talk more about its entrepreneur Lei Jun.😂
Xiaomi made very good phones at a good price.
It was impossible to resist their cheaper phones with good tech.
Great video, a lot of info, Thanks for this
Xiaomi sells device with a 3% profits, because they want people to use their ecosystem.
Buy 1 Xiaomi device, you will buy their other device. Like the ecosystem, keep buying their other things. Smart homes.
5%*
How did you get the Apple logo in your comment? Lol
And here I'm watching this on realme device. 😅
Same here bro
😂Realme belongs to OPPO, another Chinese mobile phone brand
RedMI is Xiaomi's
@Yasoboy yup
I'm also watching in realme .It is gaining popularity in India.🍊
realme and xiaomi are both good brands. As a broke af person myself, i have chance to experience superb phones because of these budget oriented brands.
Excited of getting one.
I'm in South Africa and I use a Xiaomi Redmi note 9 pro. Used to own their Mi max phone from 2017
Well xiaomi store is also there in New Zealand.. To be precise Silvya Park Auckland. 😊
I think most consumers want a reasonably priced phone with decent specifications and longevity rather than the bleeding edge specs
watching this with my.k20pro.soo proud with my phone
I watch it from my xiaomi redmi3 pro and it's still good after 3 years ++
good quality and affordable price that's what consumers want
Love Xiaomi, So cheap with incredible specs..
Substandard chipsets and sensors
love these video's!!!
Always wanted a flagship phone with stock Android but couldn't find to budget constraints.
Thank Xiaomi for giving me this dream as affordable Mi A3.
i really like their products, wish i would have bought some stocks ^^
I think Xiaomi owes its phenomenal success in smartphone business to consumer markets where people believe in "value for money" proposition. Also their management is smart enough to diversify into other consumer electronics businesses, especially smart homes, and investing in tech startups, something that the so-called big-tech giants are yet to do.
watching this on xiaomi note 5 pro which is 2 years old but still works amazingly fine
I remember my dad buying a Xiaomi projector instead of a tv when we still lived in China, he gave it to my Grandma when we moved to Canada
7:06 Rip dude walking behind him
2:47 you included Tajikistan and Kyrgyzstan as part of China...
Watching with my note 8 pro I bought it last Dec 30 so far so good
Their phones are really give high performance in low price
Affordability is the key. iphones are ridiculously expensive.
@Yasoboy also, technology and style is easy to imitate, Xiaomi looks almost the same as Apple, so it's the best choice.
Great phone, I brought one already
Wow, good for you! what search engine is it using? is it Google?
what operating system? is it Android?
If so it must be using Google map!
@@sundipsinghsmag6934 I don't know anything about this phone that's why I am asking, Singh. Since you said you got one already.
@@fabricekdk6573 its has everything just like a Samsung Android phone!
@@aut0tech thanks.
Xiaomi products like tv and cleaning robot are my fav 😍😍
Xiaomi is quite popular here in Philippines. Im currently using Redmi Note 7 and it's great ! 🇵🇭💓
Wait I thought xiaomi's headquarters is in ShenZhen
You just realised the truth my friend. (Wink) (wink)
Xiaomi now sells almost all tech products that a normal family needs.
Xiaomi should thank india ...bcoz It's India's market that made Xiaomi popular ....
oh and also google Leijun, xiaomi's ceo, He's a super nice and down to earth guy!