Imilab Technology

2024 is a crucial year for Xiaomi. The successful launch of Xiaomi Automobile (Xiaomi SU7 and Xiaomi SU7 Ultra) and the continued popularity of Lei Jun’s personal popularity have made Xiaomi products and Xiaomi’s stock price fight a good battle.

Imilab Technology is of course one of the companies in Xiaomi Ecosystem, and it is one of Xiaomi’s earliest ecological chain companies. Founded in 2014, Imilab Technology is mainly engaged in the research and development, design, production and sales of smart home products. The current product system covers smart cameras, smart watches, smart doorbells, smart doors, smart cat eyes, sweeping robots, etc.

The founder of Imilab Technology is Li Jianxin, who has served as product director of Longcheer Technology Co., Ltd. and senior director of the mobile phone business group of Acer, a Fortune 500 company. It has also provided cooperation and services to Internet, IT and communication brands such as Alibaba, Baidu and Lenovo.

According to Li Jianxin’s recollection, “I founded a company in 2003, but it didn’t last more than three years. I quit. Frankly speaking, I didn’t make any money, but I learned some experience and some insights.”

Until 2014, his entrepreneurial career kicked off again. That year, he resigned from Acer and founded Imilab Technology. In the same year, Imilab Technology completed the angel round of financing invested by Xiaomi Group and became one of the earliest Xiaomi ecological chain companies.

At the beginning of its establishment, although it also made popular products such as Mi Key and Xiaomi Smart Socket, the company did not make a profit due to low customer unit price and other reasons. By 2016, Imilab ushered in its darkest moment, owing shareholders more than 20 million and failing to successfully raise funds. In desperation, Li Jianxin began to take over the company’s business in an all-round way, and “replaced” the team, concentrating on the final fight on the smart camera product. In June of that year, Imilab officially launched the Xiaomi Imilab smart camera. This product quickly exploded the market as soon as it came out, helping Imilab’s revenue exceed 100 million yuan that year, and Imilab Technology also became the first member of the 100 million yuan club of Xiaomi Ecosystem. Since then, the company has further clarified its strategy and successively released diversified products such as Xiaobai smart door locks and smart doors.

Therefore, the performance began to grow rapidly until it developed into the Imilab we know now.

Imilab has released many excellent products, such as: Imilab EC6 3K WIFI Sportlight Camera, Imilab EC6 Dual, Imilab EC3 lite Outdoor Security Camera, Imilab Home Security Camera C30, etc. If you have any questions and needs, please feel free to contact us:
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