| Market Capitalization (Millions $) |
1,221 |
| Shares
Outstanding (Millions) |
254 |
| Employees |
465 |
| Revenues (TTM) (Millions $) |
258 |
| Net Income (TTM) (Millions $) |
-40 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Our objective is to bring health and technology together. In pursuit of that aim, we have created significant unique technology, allowing our firm to become a key worldwide player in the production of consumer health and fitness gadgets.
We have developed a wide range of smart wearables that offers robust features at competitive pricing under the Xiaomi brand and our own brands, Amazfit and Zepp. Mi Band series is our smart band series that is designed and manufactured for Xiaomi. We introduced the first generation of Mi Band in July 2014, and recently Mi Band 6 in March 2021. We will also launch Mi Band 7 in 2022. We offer products in different styles, such as round versus rectangular, and specific functions targeting various audiences, such as ruggedized versus everyday, or sports versus fashion, to address the different needs of our consumers. For example, in 2021, we introduced fashion series GTR 3, GTS 3 and GTR 3 Pro smart watches, providing periodic upgrades in features and materials at the $199 price point.
We pursue a strategy of fast development and replacement cycles with shorter manufacturing runs. This brings new products to market fast, stimulating new purchase by delivering compelling newly-launched or updated offerings throughout the year. All of our products utilize the same AI chipset and sensor array with important differentiating benefits for our data analytics service offerings, which provides consistent biometric data and allows users to connect with different terminals to improve the IoT application scenarios.
Amazfit Band 5;
Amazfit basic smart watches, Bip S, U and U Pro;
Amazfit sport and outdoor smart watches, Neo, T-Rex, T-Rex Pro and Stratos 3;
Amazfit fashion smart watches, GTR and GTS series and GT mini; and
Zepp advanced smart watches, E and Z.
We launched the Zepp-branded smart watches in 2020, and continued to present new models of Zepp-branded smart watches in 2021. The Zepp smart watches represent a new high-end line of smart watches featuring higher-end materials, designs and finishes, which provide distinctive, dressier smart watch options to consumers. We also launched our brand-new children's smartwatch product line in the second quarter of 2021, allowing us to enter a niche market we have not previously addressed. Beyond basic children's smartwatch functionalities, our products focus on motivating children to go outdoors and participate in various physical activities, while ensuring compliance with the policy guidance of Chinese education regulatory authorities.
Smart Scales
Smart scales, which gather biometric and correlate data and analysis algorithms with other devices, such as smart watch and app, have been a strong component of the smart health device market for several years.
Smart ear buds, ear phones and other personal listening devices have become a fast-growing segment of the smart wearables industry in the last three years.
Company Address: Edisonweg 44 – B08 Gorinchem 0
Company Phone Number: 616 086 658 Stock Exchange / Ticker: NYSE ZEPP
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