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Xiaomi will sell its smartphones in ten new markets this year

Started by DP, April 24, 2014, 09:01:34 AM

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DP

Xiaomi will sell its smartphones in ten new markets this year

<img src="http://cdn.gsmarena.com/...This TV Show is available upon demand...This means if you want the download link for this show, you should  reply here and we will reply  for you the download link ASAP...So please if you want to download this please don't hesitate reply here and we will be more than happy to post it for you..../newsimg/14/04/xiaomi-expansion/thumb.jpg" width="70" height="92" hspace="3" alt="" border="0" align=left style="background:#333333;padding:0px;margin:0px 4px 0px 0px;border-style:solid;border-color:#aaaaaa;border-width:1px" /> <p>Xiaomi announced its plans to enter ten new market this year. The Chinese manufacturer's founder and CEO Lei Jun delivered the news at a press conference in Beijing.



Xiaomi will begin sales in large developing markets such as India, Brazil, Russia, and Mexico. The rest of the list of countries includes Malaysia, Philippines, Indonesia, Thailand, Vietnam, and Turkey. The move is part of a plan for international expansion. Xiaomi has a goal to increase its sales five-fold to 100 million handsets in 2015.

Four years after entering the industry, Xiaomi has enjoyed considerable success in China (the company sits ahead of Apple with 7% share in its home market), Hong Kong, Taiwan, and Singapore. The Chinese manufacturer is known for selling its keenly-priced devices directly to consumers online - a process which generates impressive sales over short periods of time.

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