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Viomi Technology Co., Ltd

China · NASDAQ: VIOT · Market cap: · P/E: · P/S:

Viomi sells smart home appliances and internet-connected home products, mainly water purifiers and kitchen goods, to consumers in China.

Viomi makes the appliances that sit in Chinese kitchens and bathrooms — water purifiers, water heaters, kettles, and a widening range of smart home gadgets — and sells them mostly to everyday consumers in China. The pitch is simple: everyday home equipment, but connected to an app and built around the idea of "smart" living.

The company started life as a maker of water purifiers, a product category that matters a lot in China because tap water is often not trusted for drinking straight from the tap. From there it expanded into kitchen appliances and other connected home devices, and it built a following partly through a partnership with Xiaomi, whose ecosystem and retail muscle helped put Viomi products in front of millions of buyers. That relationship cuts both ways: it brought reach and credibility, but it also tied Viomi's fortunes to a much bigger partner and left it fighting for margin and shelf space alongside other Xiaomi ecosystem brands. Viomi sells through online channels and its own stores, and its products lean on the "internet of things" angle — appliances that talk to your phone, report their own status, and connect to a home app. The appeal to customers is convenience and, often, price, rather than premium branding. The company has also pushed into broader smart home categories to reduce its dependence on any single product line.


The business is small and exposed to a few hard realities: China's home appliance market is brutally competitive and price-sensitive, its consumers are cautious spenders when the housing market is soft, and Viomi competes with giants like Midea Group and Haier Smart Home that have far more scale and retail power. Profitability has been thin and uneven. Still, it remains a real, listed business with a recognizable brand in its niche, and it keeps betting that connected home devices will keep finding buyers in Chinese households.

Saved answer · last researched 15 Nov 2026