Jesseb Shiloh Jesseb Shiloh is new to blogging. He enjoys things that most don't and dismisses society as an unfortunate distraction. Find him on WeHeartWorld, Twitter, Facebook, and Pinterest.

Xiaomi plans to boost its smartphone sales to 100 million this year

42 sec read

Last year saw Xiaomi truly establishing itself as one of the top dogs in the smartphone market and the burgeoning Chinese company wants to take things even further this year. Despite having little presence outside of China and a few surrounding countries, Xiaomi CEO Lei Jun claims that his company is planning to sell between 80 and 100 million smartphones.

Xiaomi may not be planning to sell smartphones in the US this year, but that doesn’t mean the company lacks for ambition on the mobile phone front. In fact, it’s just the opposite. At a press event related to China’s National People’s Congress (of which he is a member), Xiaomi CEO Lei Jun told reporters that in 2015 Xiaomi plans to sell between 80 and 100 million smartphones. He also said the company is hoping to do between RMB 100 and 200 billion (US$16-32 billion) in total revenue this year. (UPDATE: Lei Jun first gave this goal for unit sales in March 2014.) If Xiaomi hits the upper end of those targets, it will be nearly doubling its sales from 2014. Last year, according to Lei Jun, Xiaomi sold 61 million smartphones, and took in RMB 74.3 (almost US$12 billion) in revenue.

 

Avatar of Jesseb Shiloh
Jesseb Shiloh Jesseb Shiloh is new to blogging. He enjoys things that most don't and dismisses society as an unfortunate distraction. Find him on WeHeartWorld, Twitter, Facebook, and Pinterest.

Xiaomi might unveil its first smartwatch later this week

If Apple did it, you can bet your ass that Xiaomi is going to do it too. In all fairness, the majority of Apple’s...
Avatar of Rocco Penn Rocco Penn
1 min read

We might not see Xiaomi go public until 2025

With valuations of $68 billion and $46 billion, respectively, Uber and Xiaomi are the two most-valuable startups in the world at the moment, which...
Avatar of Alfie Joshua Alfie Joshua
57 sec read

Is the OnePlus 3 a true flagship killer?

The OnePlus 2 is a great smartphone, but it’s far from the “flagship killer” that OnePlus describes it as. For a company whose motto is...
Avatar of Brian Molidor Brian Molidor
55 sec read

Leave a Reply

Your email address will not be published. Required fields are marked *