• Company Updates
Xiaomi speeds up going global
By Liao Wei ( chinadaily.com.cn )
Updated: 2014-04-29

Chinese smartphone maker Xiaomi Corp plans to tap into overseas markets in 10 countries in Europe, Asia and South America starting this year, the Beijing-based company's founder and chairman Lei Jun said at the launch of its new products on April 23.

Xiaomi speeds up going global
A poster of Xiaomi smartphone in Beijing, May 7, 2013. [Photo/Asianewsphoto]

The 10 countries are Malaysia, Philippines, India, Thailand, Vietnam, Indonesia, Russia, Turkey, Brazil and Mexico, according to the company, which also unveiled two smart routers – a dual band router with top end facilities and a mini router, as well as an upgraded version of a set-top box at the launch.

On April 22, Xiaomi replaced its old official website – xiaomi.com with its new domain - mi.com, which it bought for more than 20 million yuan ($3.6 million). The move is considered to be a landmark of the company's further internationalization. The company plans to sell 60 million smartphones this year and 100 million sets for 2015.

 

Edited by Brian Salter