Is Zepp owned by Xiaomi

What is the relationship between Xiaomi and Amazfit?

Lets start by the beginning

First of all, a couple of things should be pointed out.The first is that Xiaomi is Xiaomi.That is to say,a huge Chinese company that just as it puts a next-generation smartphone in your pocket, it sells you an electric toothbrush or an air purification system, all intelligent, and that we can control thanks to its official application destined to these tasks.In addition, it has around it an entire ecosystem of sub-brands that distribute certain ranges of products other than those covered by the main branch.

On the other hand we have (we had) Huami, which is an independent company quite unknown in Spain but whichhas its own line of wearables that, on occasion, has come to manufactureproducts for Xiaomi that have been sold in stores under the Mi range. Band.Although in China, it is true, it has been thanks to the protection of the technological giant that many of Huamis products were able to see the light, for which a kind of special collaboration was established between both companies.

But we reach the month of March 2021 andHuami announces that it is going to adopt a new nameand that its stage name will become Zepp Health worldwide, in part due to that Zepp range of smart watches that the company had been developing. that healthy approach to most of the products it sells has been around for a long time now.With that decision, all Amazfit models and all Zepp models had to be renamed Zepp Health.

But, how come you dont use your current name for many of the models you launch in our country?The answer is simple: success.

Its time for the conclusions

In one of those unexpected twists of the script caused by good sales,Zepp Health made the decision not to touch in countries like Spain the nameof the brand with which it had been marketing its main products, which had benefited from a certain boost and support given by Xiaomi, which was key in the expansion and reputation of the Amazfit brand in our territory in the first moments after its landing.

The strong sales it has today and the brand image, established and with a reputation for offering good quality devices at an undeniable price, were key forZepp Health to decide not to touch Amazfit in our country,which already operates practically independently from Xiaomi.So much so that the reference app to control our activity with the smartwatch, or the smartband, has ceased to be that Mi Fit and has been replaced by the companys own, called Zepp.

In short,Amazfit, or what is the same Zepp Health, and Xiaomi are not the same company but two completely different ones, which have collaborated in the past but, as the months go by, make it increasingly clear that their paths They are irretrievably separating.

Xiaomi Mi Fit app changes to Zepp Life as Huami takes charge

Xiaomi has ditched the Mi Fit app used by its iconic Mi Band fitness tracker range, in favor of the new Zepp Life app, from Amazfit parent company Zepp Health.

Moving forward newer Xiaomi wearables will use a new Mi Fitness app, which merges Xiaomi Health and Xiaomi Wear/Xiaomi Wear Lite app.

But users of Xiaomi older devices, such as the Mi Band 6, will move to the Zepp Life app. It will be used across all markets, including China, on iOS and Android and is available now.

Huami (which changed its name to Zepp Health in the West) is the manufacturing partner for Xiaomis wearables, as well as the parent coming of Amazfit and it now seems the two companies are forging even closer ties.

It's not clear which app the forthcoming Mi Band 7 will use.

Xiaomi Smart Band devices will use the Zepp Health app, which has been redesigned to be richer and work alongside Amazfit devices. That means users can see their Xiaomi steps and sleep data alongside things like Amazfit scales.

It seems a strange decision from Xiaomis point of view to have people interacting with a different brand, and from the wording of a statement from a spokesperson, it might not have been the companys choice:

Xiaomi will support Huami's decision to rebrand Mi Fit app as Zepp Life. While this app will continue to be operated by the Huami brand, rest assured that it will continue to support compatible Xiaomi devices, including Mi Smart Band Series and Mi Smart Scales.

Analysis: What does it all mean?

This could indicate something of a land grab from Huami/Zepp, folding the millions of Xiaomi users into its stable.

And in a statement from Zepp Health, it points out the large scale of its ecosystem, and reaffirms that it's still working closely with Xiaomi.

The new Zepp Life app focuses more on the health and daily activity of every user to deliver a better user experience, a spokesperson told Wareable.

But the company's new Mi Fitness app looks to be its focus going forward.

Zepp Health is dedicated to offering high-quality services to about 100 million of global users. The two parties are also committed to ongoing strategic partnerships in chip development, algorithm research, and technological advancement in the field of smart wearables.

Were only weeks away from a Xiaomi Mi Band 7, which is rumored to feature impressive new stats, and weve just had a pair of new smartwatches.

A better app is certainly welcome, and having Zepp Health power the software and analysis seems like a benefit for users.

Amazfit

From Wikipedia, the free encyclopedia

Smartwatch brand by Huami

Amazfit is a Chinese smart wearable brand^[2] established in September 2015^[3] and headquartered in Hefei. Its products are manufactured^[4] and owned by Zepp Health.^[5] The brand offers wearable devices including smartwatches,^[6] fitness bands,^[7] and equipment related to health and sports.^[8]

In January 2020, it attended the Consumer Electronics Show 2020 in Las Vegas.^[9] At the middle of October 2021, Amazfit updated its brand identity with the slogan " width="50"Up Your Game".^[10]

History[edit]

In 2016, the first smartwatch of Amazfit was introduced.^[11] In April 2017, it launched the Amazfit Health Band.^[12]

A self-developed chipset called the "Huangshan-1" ^[13] was exhibited at Mobile World Congress and applied to Amazfit devices in 2019.^[14]

In July 2019, the lens of the photoelectric module of an Amazfit smartwatch dislodged, causing a user's skin to be burned.^[15]

After the launch of Amazfit GTR series smartwatches, some problems were revealed, such as the screen was easy to be scratched and the positioning was severely shifted, which affected the usage.^[16]

In April 2020, its parent company partnered with a laboratory led by Zhong Nanshan^[17] to use wearable devices to track respiratory diseases.^[18]

Zepp Pay[edit]

Zepp Pay is the NFC cashless payment service supported by Amazfit wearable products is listed below with the applicable banks. The availability of NFC may vary by country and region. Please see below for a list of countries or regions and banks that support cashless payments for each Amazfit wearable product. Supported devices: Amazfit Balance.

Supported countries[edit]

Zepp Pay can be used with cards issued in 33 countries and territories worldwide.^[19]

See also[edit]

References[edit]

1. ^ "ZEPP Stock Forecast, Price & News (Zepp Health)". MarketBeat. Retrieved December 16, 2022.
2. ^ "Amazfit launches three new smartwatches". Khaleej Times. October 26, 2021.
3. ^ Sharma, Karan (December 3, 2021). "Amazfit focused on making smart products that empower people says Jacob Jin, Director of South Asia". Pinkvilla. Archived from the original on November 30, 2022. Retrieved May 2, 2022.
4. ^ Singh, Kuwar (September 10, 2018). "Apple's early-generation smartwatch rules a market where the iPhone is struggling". Quartz.
5. ^ "Amazfit ranks third in global smartwatch shipments in Q3". The Peninsula. December 1, 2021.
6. ^ Hedges, Lucy (11 Dec 2020). "The Lust List: new tech we want this week". Metro (British newspaper).
7. ^ Rubin, Ross (July 28, 2020). "Noise-canceling headphones that help you sleep through any snore". ZDNet.
8. ^ "Amazfit is first staged at MWC in Barcelona". PCQuest. 2019-03-01.
9. ^ Chan, Tim (January 13, 2020). "From 8K TVs to Stylish Smartglasses: The 11 Best Things We Saw at CES 2020". Robb Report.
10. ^ Waller, Thomas (November 8, 2021). "Amazfit Refreshes Image, Launches GTR 3 And GTS 3 Smartwatch Lines". Twice.
11. ^ "Xiaomi unveils Amazfit smartwatch". Firstpost. August 30, 2016.
12. ^ "WeLoop Hey S3, an Apple Watch-clone, launched on Xiaomi's MIJIA platform, priced at $78". BGR. April 28, 2017.
13. ^ Dahad, Nitin (March 1, 2019). "Wearables Firm Invests $8 Million in RISC-V Startup". EE Times.
14. ^ "Xiaomi's Huami launches the Amazfit Verge, Health Band 1S and a new SoC in China". Firstpost. September 19, 2018.
15. ^ Wang Ziyan, ed. (July 3, 2019). "An Amazfit smartwatch's photoelectric module lens falls off and burns the user's skin". Myzaker.com.
16. ^ Jian, Yu (August 30, 2021). "The "boom" and bubble of Huami's second quarter earnings report". iResearch.
17. ^ Chiu, Karen (10 Apr 2020). "China wants to use fitness trackers to monitor coronavirus survivors". South China Morning Post.
18. ^ John Artman (May 18, 2020). "Fitbit's Chinese rival Amazfit mulls a transparent, self-disinfecting mask". TechCrunch.
19. ^ "Zepp Pay Supporting Banks and Locations". February 27, 2024.

Is Amazfit Owned by Xiaomi? | Find Out Who Owns Amazfit in 2024

Amazfit, known for its popular line of smartwatches and fitness trackers, has previously been associated with Xiaomi.

While this connection existed, understanding the current ownership structure requires a closer look.

This article dives deep into the question: Is Amazfit owned by Xiaomi?

Well unveil the current ownership status and explore the recent shift in Amazfits corporate landscape.

Also Read: How Does the Amazfit Watch Detect Sleep | Ultimate Guide for 2024

Is Amazfit Owned by Xiaomi Truth Behind the Brand

Are you Wondering, Is Amazfit owned by Xiaomi? Well, No, Amazfit is not owned by Xiaomi. It is owned by a publicly traded company on the New York Stock Exchange known as Zepp Health (NYSE: ZEPP).

Who Owns Amazfit?

Amazfit is owned by Zepp Health which is a publicly traded company on the New York Stock Exchange (NYSE: ZEPP).

The company was founded in 2013 as Huami Technology and was renamed Zepp Health in 2021.

Zepp Health has offices around the world including the United States, Europe and Asia. They are a leading global provider of smart wearables and health technology solutions. The companys products include smartwatches, fitness trackers, and other health and sports devices.

Zepp Health also provides a variety of health and fitness services, including data analytics and personalized health recommendations.

Who is the CEO of Amazfit?

The CEO of Amazfit is Wang Huang, who also serves as the Founder, Board of Directors Chairman, and Chief Executive Officer. He established the company in December 2013 with the aim of designing, producing, and marketing smart wearable devices.

Wang Huang boasts an extensive background of over two decades in the technology sector, having held significant roles at renowned companies like Huawei, ZTE, and Qualcomm. Additionally, he sits on the board of directors for several other technology firms.

As an advocate for leveraging technology to enhance peoples lives, Wang Huang believes that smart wearables hold the potential to revolutionize how we monitor and manage our health and fitness.

Under his guidance, Amazfit has risen to prominence as one of the foremost global brands in the realm of smart wearables. The companys products are available in over 90 countries and regions worldwide, a testament to its widespread influence and reach.

Where is Amazfit Headquarters?

Amazfit is headquartered in Hefei, China.

Hefei is the capital of Anhui Province and is located in the eastern part of China. It is a major economic and cultural center in the region. Hefei is also home to several universities and research institutes, making it a hub for technology and innovation.

Amazfits headquarters in Hefei is a state-of-the-art facility that houses the companys research and development, design, manufacturing, and sales teams. The facility also includes a fitness center, a swimming pool, and a basketball court for employees to use.

Why did Xiaomi Invest in Amazfit?

Xiaomis investment in Amazfit stemmed from several strategic considerations.

• Firstly, it sought to diversify its product range beyond smartphones, venturing into domains like smart home gadgets and wearable technology. Acquiring a stake in Amazfit provided Xiaomi with a solid entry point into the burgeoning wearable device market.
• Furthermore, Xiaomi aimed to tap into Amazfits reservoir of technological prowess and industry expertise. As a frontrunner in the wearable device sector, Amazfit possessed valuable knowledge and innovation that Xiaomi could leverage. This facilitated Xiaomis ability to develop and enhance its own line of wearable devices and keep up with the trends.
• Finally, Xiaomi recognized the imperative of gaining a competitive edge amidst intensifying rivalry from formidable players like Huawei and Oppo. Investing in Amazfit afforded Xiaomi a distinct advantage in the wearable device arena, reinforcing its market position.

However, beyond these immediate motivations, Xiaomi likely discerned substantial growth potential in the wearable device market.

Projections indicate a significant upswing in this sector in the coming years, offering Xiaomi a prime opportunity to capitalize on this burgeoning market trend.

Why was the Mi Fit app renamed Zepp life?

The Mi Fit app was renamed Zepp Life in March 2022 to better reflect its wider compatibility with Amazfit smartwatches, to align with Huamis rebranding, and to give the app a fresh start.

Huami Technology, the parent company of Amazfit, rebranded itself to Zepp Health in January 2022. The renaming of the Mi Fit app was part of a larger effort by Huami to unify its branding under the Zepp name.

The Mi Fit app was originally developed for Xiaomi smartwatches, but it was later expanded to support Amazfit smartwatches as well. The name change was meant to reflect this wider compatibility and to make the app more appealing to Amazfit users.

The Mi Fit app had also been criticized for its outdated design and its lack of new features. The renaming of the app was seen as an opportunity to give the app a fresh start and to make it more attractive to new users.

Amazfit or Xiaomi: Which One Should You Go For?

Amazfit and Xiaomi, both prominent Chinese electronics companies, have made waves in the tech market with their diverse array of offerings, ranging from smartphones to fitness trackers.

Yet, there are distinctive characteristics that set them apart.

Amazfit, a subsidiary of Zepp Health, specializes in wearable technology. Renowned for its budget-friendly smartwatches and fitness trackers, Amazfits lineup boasts an array of features, including GPS, heart rate monitoring, and advanced sleep tracking.

In addition, the brand extends its range to encompass sports watches and a variety of accessories.

On the other hand, Xiaomi stands as a larger conglomerate with a broader product portfolio. Beyond smartphones, Xiaomi excels in laptops, smart home devices, and more.

Noteworthy for delivering high-quality products at competitive prices, Xiaomi has carved out a significant presence in the global smartphone industry.

Heres a concise comparison of the two brands:

Which brand aligns better with your preferences?

If youre on the hunt for an economical yet feature-packed smartwatch or fitness tracker, Amazfit stands as an excellent choice. Offering a spectrum of functionalities at an attractive price point, it caters to the budget-conscious consumer.

For those in pursuit of smartphones or other consumer electronics, Xiaomi emerges as a compelling option. Esteemed for its superior quality and competitive pricing, Xiaomis smartphones hold a distinguished position in the global market.

Conclusion

The relationship between Amazfit and Xiaomi is a noteworthy aspect of the wearable tech industry.

While Amazfit operates as a brand under Huami Corporation, its important to highlight that Xiaomi played a significant role in its inception.

As a strategic partner, Xiaomi has supported Amazfits growth and integration into the global market. However, Amazfit and Xiaomi remain distinct entities, each contributing to the technological landscape in their own unique ways.

Related

Hi there, I came from a small town from Germany. Being a Xiaomi fan, I preach when I learn. Xiaomi fan, xiaomi scooter, Xiaomi phone, and even Xiaomi watch Amazfit. I am so into Xiaomi ecosystem. Ping me if you need any help on MI products.