Huami Technology does not belong to Xiaomi

time：2024-12-02 09:02:12 Smart Hardware

Is Huami Technology owned by Xiaomi?

Huami Technology is not owned by Xiaomi, but there is a partnership between them.

Huami Technology is Xiaomi's ecological chain company, mainly engaged in the research and development and production of smart wearable products. The world's first "long-lasting health wearable device" developed by Huami Technology is the first self-developed product in Xiaomi's ecosystem system.

In addition, Huami Technology is the developer and manufacturer of the Xiaomi Mi Band and is a strategic partnership. Xiaomi owns the shares of Huami Technology and provides technical and channel support to help Huami Technology grow rapidly.

It should be noted that Huami Technology began the plan of "de-milletization" in 2019, intending to reduce its dependence on Xiaomi, develop its own brand, expand revenue sources, and enhance its ability to resist risks.

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