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Xiaomi sold 18.7 million smartphones in 2013

         

Occasionaly we record one thing like “Xiaomi sells X hundred thousand smartphones in Y minutes” nevertheless it seems the younger smartphone seller did excellently for the entire year too. CEO Lei Jun posted on Sina Weibo that gross sales are up a whopping a hundred and sixty% with regards to gadgets in comparison with 2012.

These numbers translate to 7.2 million devices offered in 2012 and 18.7 million gadgets bought in 2013. That is greater than the corporate’s personal 15 million devices forecast. December on my own noticed three.2 million Xiaomi smartphones fly off the cabinets.

The money Xiaomi raked in is up thus – one hundred fifty% up from remaining year for a complete of CNY 31.6 billion (5.2 billion USD). Lei Jun didn’t expose web income however posted a bullish estimate for 2014 – the CEO expects forty million Xiamoi smartphones to be bought.

In an Apple-like model, Xiaomi introduced only a few devices, just four. They were often met with huge demand in the company’s home country. Xiaomi is slowly expanding and opened a shop in Singapore to celebrate the New Year. That bit of news was broken by none other than Hugo Barra, former VP of Android at Google and current Vice President of Xiaomi.

Source (in Chinese)