Company Directory - Xiaomi Corporation
Company Details - Xiaomi Corporation
Xiaomi Corporation
WebsiteBeijing, China
ISIN: US98389B1008
Xiaomi is a Chinese electronics company that designs, manufactures, and sells smartphones, smart home devices, and a range of consumer electronics. Known for its affordable yet high-quality products, Xiaomi also ventures into the electric vehicle market and has established a strong presence in the global tech landscape.
CCI Score
CCI Score: Xiaomi Corporation
-7.81
0.02%
Latest Event
Xiaomi's Commitment to Human Rights and Transparency
The Business & Human Rights Resource Centre page on Xiaomi highlights the company’s adherence to international human rights standards through its membership in the Global Network Initiative and the United Nations Global Compact, along with published Transparency Reports, a Human Rights Policy, and a Business Code of Conduct. These commitments underscore Xiaomi's proactive approach to ethical business practices.
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COLLABORATOR
Xiaomi Corporation is currently rated as a Collaborator.
Latest Events
- MAR202025
The Business & Human Rights Resource Centre page on Xiaomi highlights the company’s adherence to international human rights standards through its membership in the Global Network Initiative and the United Nations Global Compact, along with published Transparency Reports, a Human Rights Policy, and a Business Code of Conduct. These commitments underscore Xiaomi's proactive approach to ethical business practices.
+80
Business Practices and Ethical Responsibility
May 27
Xiaomi’s commitment to international human rights initiatives such as the Global Network Initiative and the UN Global Compact—as well as its transparent reporting practices and established human rights policies—demonstrate a strong, positive approach to ethical responsibility. This positions the company in a light that contrasts with authoritarian practices, reflecting progressive corporate governance.
- FEB182024
On February 18, 2024, Xiaomi’s PR manager Wang Hua clarified on Weibo that the company would not conduct mass layoffs but would instead implement routine personnel adjustments as part of annual performance evaluations. This announcement came amid rumors of large-scale layoffs, with an anonymous employee criticizing the potential loss of year-end bonuses.
+20
Labor Relations and Human Rights Practices
May 27
The event centers on Xiaomi’s response to mass layoff rumors. By publicly clarifying that the company is enacting standard, routine personnel adjustments rather than large-scale layoffs, Xiaomi presents a commitment to maintaining stable labor relations. Although an anonymous employee raised concerns about potential loss of bonuses, the official stance helps allay fears of abrupt job cuts, supporting fair labor practices.
- OCT262023
Xiaomi established two new governance bodies—a Corporate Operations and Management Committee and a human resources committee—to improve internal decision-making and oversight in response to management reshuffles and slumping sales.
+20
Business Practices and Ethical Responsibility
May 27
By setting up a Corporate Operations and Management Committee and a human resources committee to oversee major restructuring and enhance internal decision-making processes, Xiaomi is taking steps toward better transparency and accountability in its business practices. This move, aimed at improving efficiency and professionalizing group governance, is viewed as a progressive internal reform even though its broader impact on anti-fascist objectives is indirect.
- SEP302023
Xiaomi has initiated 'personnel optimisation' affecting less than 10% of its workforce amid weak consumer spending, resulting in layoffs across several departments. Despite offering redundancy packages, the move raises concerns over worker rights and job security, echoing broader issues of fair labor practices.
-40
Labor Relations and Human Rights Practices
May 27
Xiaomi's decision to downsize its workforce through 'personnel optimisation' reflects a cost-cutting approach that undermines worker security and fair labor practices. The move, although accompanied by redundancy packages, can be seen as detrimental to labor rights, especially in a context where such practices are used to sidestep stricter labor oversight.
Chinese smartphone giant Xiaomi's 'personnel optimisation' to affect 10% of workforce
- MAR312023
OpenSecrets data reveals that Xiaomi Inc spent $460,000 on lobbying activities during the first quarter of 2023, highlighting the company's engagement in political influence efforts.
-60
Political Contributions and Lobbying Efforts
May 27
Xiaomi's reported lobbying expenditure of $460,000 in early 2023 underscores its active effort to influence legislative and regulatory outcomes. From an anti-fascist perspective, such political spending can amplify corporate power over policy-making, potentially sidelining worker rights and marginalized community protections. This involvement in lobbying aligns with broader concerns about corporate influence in politics.
- JAN012023
Reports indicate that Xiaomi Inc spent $340,000 on lobbying activities in 2023, as documented by OpenSecrets. The report highlights the company's efforts to influence U.S. policy through financial expenditure, raising concerns about corporate influence on the political process.
-40
Political Contributions and Lobbying Efforts
May 27
The reported expenditure of $340,000 on lobbying activities reflects Xiaomi's engagement in political influence, which from an anti-fascist perspective is concerning. Lobbying efforts can be used to shape policies in ways that may undermine democratic and progressive principles, particularly when such financial clout influences legislative decisions without sufficient transparency.
- DEC202022
Xiaomi Corporation has reportedly initiated significant layoffs, with sources indicating up to 15% of its workforce being cut down as part of an organisational streamlining effort. Although the company stated the reduction was part of routine personnel optimisation with compensation in line with regulations, the mass layoffs raise concerns about worker rights and labor practices.
-50
Labor Relations and Human Rights Practices
May 27
The reported mass layoffs at Xiaomi, affecting up to 15% of its workforce, indicate a significant disregard for worker rights and contribute to a negative labor relations record. Despite claims of routine personnel optimisation and compliance with local regulations, the scale of layoffs underscores potential vulnerabilities in labor protections and worker welfare, reflecting poorly on the company’s ethical responsibility in business practices.
- SEP302021
Turkish union members at Salcomp, a supplier producing Xiaomi smartphones, successfully forced the reinstatement of 170 dismissed workers after a union busting campaign. The incident highlights the struggle for labor rights within Xiaomi's supply chain and marks a positive development for worker protections.
+80
Labor Relations and Human Rights Practices
October 4
The event demonstrates a significant victory for labor rights as union members at a supplier facility for Xiaomi overcame union-busting measures to have 170 workers reinstated. This result reinforces the rights of workers to organize and push back against authoritarian management practices, aligning with anti-fascist values.
- MAR012020
A 2020 report by the Australian Strategic Policy Institute (ASPI) implicated 83 major brands in forced labour practices involving Uyghur workers, with Xiaomi among those allegedly linked to supply chains that use forced labour in factories outside Xinjiang.
-80
Labor Relations and Human Rights Practices
May 27
The report highlights serious concerns about forced labour practices affecting ethnic minority workers. Xiaomi’s alleged association with factories utilizing Uyghur forced labour raises red flags regarding its adherence to labor rights and human rights practices.
-80
Supply Chain Ethics
May 27
The allegations suggest that Xiaomi’s supply chain may indirectly benefit from state-driven forced labour programs. This raises ethical concerns over sourcing practices and the company’s complicity in systemic labor abuses.
- JAN012020
A 2020 investigation highlighted that Xiaomi's supply chain is highly likely to involve Uyghur forced labour and labour transfers, with the company yet to respond to these allegations.
-80
Supply Chain Ethics
May 27
The investigation identifying Xiaomi's supply chain as likely containing forced labour linked to Uyghur workers raises serious ethical and human rights concerns regarding supply chain practices. The lack of response from Xiaomi further intensifies criticism from an anti-fascist perspective.
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Corporate Financials
- Revenue
- 2025
- $35.00B
- Total Assets
- 2025
- $61.00B
- Operating Income
- 2025
- $1.50B
- Total Equity
- 2025
- $20.00B
Employees: 20,000
Industries
- 334111
- Electronic Computer Manufacturing
- 334512
- Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use
- 423690
- Other Electronic Parts and Equipment Merchant Wholesalers
- 541511
- Custom Computer Programming Services
- 517911
- Wired Telecommunications Carriers