Chinese smartphone sensation, Xiaomi announced it sold 18.7 million smartphones in 2013, more than double of what it sold a year earlier. Xiaomi had sold close to 7 million smartphones in 2012 and had aimed to sell 15 million in 2013, a target it upped to 20 million after crossing 15 million in the middle of the year. The company sold 3.225 million smartphones in December alone and hit pre-tax revenue of $5.18 billion in the year. Also Read - Mi Band X strapless smart band with 360-degree flexible display under works?Also Read - Best laptops under Rs 40,000 in July 2021: Mi Notebook 14, Asus VivoBook 14, and more
Xiaomi, which has now expanded to selling smart TV’s and Apple Airport Extreme like Wi-Fi routers now targets to sell 40 million units in 2014. It expanded from mainland China into Hong Kong and Taiwan in 2013 and is now entering Singapore, which the company officially announced yesterday. Also Read - Friendship Day gifting ideas for your young tech-savvy besties under Rs 5,000
The smartphone maker hired Google’s Android head, Hugo Barra last year to head its international expansion plans. Barra had hinted that Singapore, along with India, Russia, Indonesia, Latin America, and Thailand offer the sweet spot for Xiaomi.