Xiaomi, the Chinese company that’s often compared to Apple (but that functions more like Amazon) sold 26.1 million smartphones in the first half of 2014, surpassing its own projections. Chief executive Lei Jun said the company’s revenue for the first half amounted to CNY33 billion ($5.3 billion), up 149% compared to the same period last year. Profit numbers, an interesting stat for a company like Xiaomi that sells its top smartphones at very low margins, remained a mystery.
Xiaomi shipped 11 million smartphones in the first quarter of 2014 alone, and that number ...
from PhoneArena http://ift.tt/1m7QA0X
via http://ift.tt/1m7QA0X
Blogger Comment