Xiaomi plans to become the largest producer of smartphones

Nov

25

2014

Last week in the Chinese city Vuzhen held World Conference on Internet Governance (China’s World Internet Conference), which Lei Jun, executive director of the Xiaomi made a pretty bold statement that in the next 5-10 years, may become the first in the world in production smartphones, ahead of competitors such as Samsung and Apple. Such confidence is pretty serious reasons: Xiaomi was founded in 2010 and is the first smartphone released in 2011, but already firmly established on the third line leaders, ahead of LG and Huawei. The main market for Xiaomi is China, which has 70 million users prefer products of this company, however, in the next year plans to increase presence in the global market and increase the user base of 200 million people.

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