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Xiaomi-backed wearable maker Huami: After the quantification of human, what would be the next step for wearables?
Many Chinese entrepreneurs regarded 2018 as the winter year. But for Huang Wang and the Huami Technology he founded, it was a landmark year.
In February 2018, the Xiaomi-backed Chinese intelligent wearable device maker was listed on the US New York Stock Exchange and became the first company in smart phone giant Xiaomi's ecosystem to land in the US stock market. In November, Xiaomi Mi Band 3, developed by Huami Technology, shipped 10 million units in just six months. Mi Band series total shipments reached 50 million units. In December, Huami Technology and Chinese space startup Commsat cooperated to launch a satellite called "Huami Star" in China's Jiuquan Space Launch Center, and then reached a strategic cooperation with TIMEX.
A series of big moves and good results mean that in China's smart wearable market in 2018, Huami has become one of the most important players, resisting the cold winter. At the same time, it also means that the company has the ability and opportunity to challenge technology giants such as Apple. From the beginning of the smart bracelet to the current development of smart watches, sports shoes, wrist-mounted ECG recorders and even artificial intelligence chips, a startup company in the field of sports, medical, artificial intelligence and other fields gradually showed distinctive characteristics.
Huang Wang once said that "making hardware is only a phased goal of Huami." The company started with a successful smart bracelet product and was listed on the market just five years after its establishment. Now, Huami has a deeper understanding of health and exercise and has made it a broader track.