China’s Xiaomi shipped 11m smartphones in first three months of 2014, aims for 60m by year end
Mar31
In an indication of the rising popularity of Xiaomi devices, the Chinese smartphone manufacturer has announced that it shipped 11 million smartphones in the first quarter of this year. For comparison, Xiaomi sold 18.7 million smartphones in 2013, up 160 percent from a year earlier and more than its initial target of 15 million devices. Xiaomi CEO Lei Jun earlier stated that the company expects to ship 40 million smartphones for 2014, but says now that it could reach 60 million units instead. He also expects Xiaomi to ship 100 million smartphones next year. The rise in shipments is no doubt being aided by Xiaomi’s…
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