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Chinese smartphone maker Xiaomi has grabbed a healthy slice of the smartphone market at an impressively quick pace

That number is nearly two-thirds of the profit the company made in the entire year of 2017, meaning the fourth largest smartphone maker in the world is not slowing down.
Xiaomi founder Lei Jun

Xiaomi says revenue soared 68% in first earnings report since its IPO

Xiaomi posted a profit of 14.6 billion yuan ($2.1 billion) out of 45.2 billion yuan revenue in its first earnings report since IPO.

Huawei has shipped more phones than Apple to become the second biggest smartphone manufacturer in the world

Huawei isn't the only Chinese brand as two others also make the top five.
Xiaomi CEO and founder Lei Jun is often regarded as a "Steve Jobs-esque" figure.

Chinese smartphone giant Xiaomi reportedly gave its CEO a $1.5 billion bonus — one of the largest CEO bonuses in history

In an unusual move, Xiaomi CEO Lei Jun is reportedly getting $1.5 billion in stock awards that aren't tied to any particular goal or milestone. The company is planning an IPO for later this year.

Xiaomi to open 6 more stores in Malaysia next month

A Mi Store in Malay...

Microsoft is rising after announcing that it’s partnering with Xiaomi to make AI and cloud computing devices

Microsoft and Chinese tech giant Xiaomi have partnered up to collaborate on cloud computing, AI, and hardware.