The growth of Xiaomi's smart home business
Since 20 14, Xiaomi has taken smart home business as one of the company's strategic priorities, and on this basis, it has continuously expanded its product line. By the end of 20021,Xiaomi has launched a variety of smart home products, including smart cameras, smart home gateways, smart air purifiers, smart lamps and so on.
According to Xiaomi's 2020 annual report, Xiaomi's smart home revenue reached101200 million RMB, up 8.6% year-on-year. This figure shows the strong growth momentum of Xiaomi's smart home business, which is consistent with the growth trend of the entire smart home market.
In addition to its performance in the domestic market, Xiaomi's smart home products have also been recognized and praised in some international markets. According to statistics, Xiaomi smart home products have been exported to more than 40 countries and regions, and achieved good sales performance in some international markets.
In the next development, Xiaomi will continue to optimize smart home products and further expand its partner network. At the same time, Xiaomi will also launch more smart life products based on smart homes, and strive to provide users with a more convenient and smarter life experience.