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Xiaomi forecasts sales up over 30% in 2015

Thursday 5 March 2015 | 09:27 CET | News
Chinese smartphone maker Xiaomi expects sales and smartphone shipments to each rise by more than 30 percent this year, the Wall Street Journal reports. The company expects sales to exceed CNY 100 billion (USD 16 billion) this year, Xiaomi CEO Lei Jun said on the sidelines of China's National People's Congress in Beijing. Xiaomi sales more than doubled in 2014 to CNY 74.3 billion. Xiaomi expects to sell 80-100 million smartphones this year, up from 61.1 million last year, Lei said. The company was the world's fifth-largest smartphone maker in the fourth quarter, with a 4.4 percent share of the

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Categories: Mobile & Wireless
Companies: Xiaomi
Countries: China / World
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