This article was published on December 31, 2013

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


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Via Barra’s Google +

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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