Back in February 2018, Huami ushered in a new era in its existence with the filing of IPO at the NYSE. A couple of days ago, the company’s CEO Huang Wang shared some key details about Huami and its operations at the TechCrunch Shenzhen summit.
Speaking at the event, Mr. Wang revealed that Huami will launch a “Revolutionary” wearable smart device in 2019. Although, he didn’t give any more details about the upcoming gadget, his comments at the event point to something really exciting from the company. He said that “smartwatches will replace smartphones in the future,” which may mean his company is planning something similar to what Nubia revealed at the IFA. Nubia Alpha concept wearable, released by Nubia at IFA, was essentially a smartphone on the wrist, reports Gizmo China.
Mr. Wang said that the recently released Huangshan -1 chip for wearables can screen the HR patterns of users via cloud-based AI, helping to monitor the user’s heart rate carefully and check for any unusual patterns. It now seems that Huami is aiming to get the Huangshan-1 chip on other wearable manufacturers in the market as well. So, it won’t be just limited to the company’s own smartwatches.
He also provided some important sales figures on the company’s recent devices. Until 2017, Huami’s total sales surpassed 18.1 million and user base was well above 56.1 million. Furthermore, the recently released Mi Band 3 has managed to sell more than 10 thousand units in the past five months alone. Even the Mi Band 2, which enjoyed a long stay in the market, sold more than 30 million units worldwide. Note that these figures are before the 11/11 singles day, where both these devices could have garnered a lot more sales, reported Gizmo China.
Finally, Mr. Wang revealed that Huami’s overseas operations have been quite strong and Europe is now its second biggest market after China.