Xiaomi Corporation, founded on April 6, 2010, in Beijing by Lei Jun and six co-founders including Lin Bin, Zhou Guangping, Liu De, Li Wanqiang, Huang Jiangji, and Hong Feng, is a Chinese multinational technology company headquartered at No. 33 Xi erqi Middle Road, Haidian District, Beijing 100085, China. Led by founder, chairman, and CEO Lei Jun (born December 16, 1969, net worth $42.6 billion), Xiaomi has rapidly evolved from a smartphone startup to become the world's second-largest smartphone manufacturer behind Samsung and the youngest company on the Fortune Global 500 (ranked 338th). The company went public on the Hong Kong Stock Exchange in June 2018, raising $4.72 billion in its IPO, transforming into a comprehensive ecosystem company that manufactures consumer electronics, software, electric vehicles (including the SU7 unveiled in March 2024), and smart home devices. Xiaomi's business philosophy centers on providing 'high-quality technology that doesn't need to cost a fortune,' operating under the motto of producing 'quality products at honest pricing.' With significant expansion beyond smartphones into over 100 product categories including laptops, smart TVs, fitness bands, air purifiers, and recently autonomous vehicles with Level 4 self-driving capabilities, Xiaomi has established itself as 'the Apple of China' while maintaining global operations across multiple continents and continuing aggressive hiring for EV manufacturing, autonomous driving technology, and regional headquarters expansion.