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Xiaomi Plans to Sell 100 Million Smartphones in 2015: Report

Xiaomi Plans to Sell 100 Million Smartphones in 2015: Report 2y6sz

By NDTV Correspondent | Updated: 10 March 2015 15:54 IST

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Xiaomi's chief executive Lei Jun at a recent event in Beijing has reportedly revealed that his company has plans to sell up to 100 million smartphones this year.

Tech Sina reports (via Tech In Asia) that Jun at the event shared Xiaomi's target to sell between 80 and 100 million handsets in 2015. The report also cited Jun to say Xiaomi is hoping to achieve a total revenue between CNY 100 billion and 200 billion this year. 2s326a

To recall, Xiaomi claims it sold over 61 million phones in 2014, which was up 227 percent from a year earlier. The company in January also announced it had generated revenue of CNY 26.6 billion in 2014.

(Also see: Xiaomi to Set Up R&D Centre in Bengaluru, First Outside China)

Soon after the launch of Mi Note phablet in January, reports emerged that Xiaomi's latest phablet might touch 15 million shipping units this year.

The Chinese company in December claimed that it sold Mi 4 in India.

(Also see: After Big Sales and Some Scares in Debut Year, Manu Jain on Xiaomi India's 2015 Plans)

Xiaomi India over the weekend started a new contest on its official site and teased the launch of a new product on Thursday. The new product likely to launch on March 12 is the Xiaomi Redmi 2.

The launch this week considering that the company's exclusive online partner in India, Flipkart, is no longer selling the Xiaomi Redmi 1S.

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