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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Monday, January 5, 2015

Xiaomi Triples Unit Sales & Doubles Revenue

Chinese smartphone maker Xiaomi Technology said its revenues rose 135% year-on-year to 74.3 Chinese yuan billion (12 billion US dollars) in 2014, according to a report by Reuters. Xiaomi said it sold just over 61 million phones last year, up 227% from the year before. The company is expecting growth in China's smartphone market to ease this year and intends to focus on innovation and overseas expansion. source: Reuters article
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