Xiaomi has a lot to prove to US investors who are skeptical of Chinese tech :

While smartphones account for 70 percent of Xiaomi's revenue, the company's fastest-growing segment is the business that sells and invests in connected devices, ranging from smart TVs and routers to electric scooters and air purifiers. The person who attended the roadshow said that most investors in the audience weren't aware that Xiaomi had a vast portfolio of apps or that it has a smartphone operating system called MIUI that sits on top of Google's Android and has 190 million monthly active users. "There's a pretty deep-seated skepticism about Chinese companies — that they're not really being straight with you," said Landis, who did not attend the Xiaomi roadshow. "It's not surprising that if you're asking Western investors to value a Chinese company, they get a little bit leery," Landis said.

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