China's Xiaomi Expects To Ship 40M Smartphones In 2014

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Kaylene Hong

Kaylene Hong was Asia Reporter for The Next Web between 2013 and 2014, based in Singapore. She is bilingual in English and Mandarin. Stay in (show all) Kaylene Hong was Asia Reporter for The Next Web between 2013 and 2014, based in Singapore. She is bilingual in English and Mandarin. Stay in touch via Twitter or 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.

CEO Lei Jun states that the shipment of Xiaomi smartphones will be 40 million in 2014. pic.twitter.com/DkvPXtlqMS

— XiaoMi (@XiaomiChina) December 31, 2013

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.