Xiaomi has shown great success this year. It has sold 18.7 million smartphones in 2013, up 160% from last year. This brought the company way over its goal of 15 million devices, which is damn impressive for such a young company. And with only four devices released that year, it makes it even more impressive.
These sales brought in CNY 31.6 billion, or around $5 billion USD. This is an increase of 150% from last year, pretty much matching the sales numbers. And considering that all the devices the company sells are fairly cheap, those are impressive numbers.
Unfortunately, the company is currently limited to selling devices in China. We’ve kept our eye on the company for a long time, and the devices it puts out are impressive and lust worthy. We can’t wait to see the company expand into the US and Europe, because with the trend of off-contract and cheap devices getting really popular, Xiaomi has a huge chance of succeeding here. Would you buy a Xiaomi device like the Mi3?