China’s Xiaomi expects to ship 40 million smartphones in 2014, more than double that of 2013

China’s Xiaomi expects to ship 40 million smartphones in 2014, more than double that of 2013

Popular Chinese smartphone manufacturer Xiaomi has had a great run in 2013 — but it looks set to scale even greater heights in 2014.

Xiaomi CEO Lei Jun has just announced that the company will ship 40 million smartphones in 2014 — more than double the figure it is expected to round out 2013 with.

Xiaomi’s revenue for the first half of 2013 reached $2.15 billion after it sold 7.03 million devices — just shy of the 7.19 million units it sold during the whole of 2012 — and it has likely already hit its target of selling 15 million devices for the whole of this year.

Thumbnail image via Hugo Barra / Google+

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