Huami Corporation American Depo (NYSE:HMI)

Huami Corp is a biometric and activity data-driven company with expertise in smart wearable technology. The Company is the sole partner of Xiaomi, a mobile Internet company and global consumer electronics brand, to design and manufacture Xiaomi-branded smart bands, watches (excluding children watches and quartz watches), scales and associated accessories, or Xiaomi Wearable Products. Huami's cooperation with Xiaomi has been a major driver for growth. Xiaomi is the sole customer and distribution channel for all of Huami's Xiaomi Wearable Products, and sales of Xiaomi Wearable Products contributed 97.1%, 92.1% and 82.4% of total revenues for 2015 and 2016 and the nine months ended September 30, 2017, respectively.

Last updated January 13, 2018


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