Mi Mi Mi: Super Fans of China’s Xiaomi Stoke IPO Ambitions

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Wang Bin, 29, is a serious “mi fan”, one of the ardent followers of Xiaomi Technology Co, the maker of smartphones and other electronic products that looks headed for a big initial public offering, perhaps as early as this year.

Wang’s house is a Xiaomi temple. He has a Xiaomi television. Wears a Xiaomi watch. Has Xiaomi thermostats, air purifiers and smoke detectors. Xiaomi products help control the windows, doors and lights from an app on his Xiaomi smartphone.

The company, which started with smartphones but has since branched out into a plethora of smart devices, first gained a following in China by releasing limited batches of slick-looking phones to shoppers online at a lower price-tag than the likes of Apple.

This article was sourced from Gadgets360

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