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Xiaomi Expects 2015 Revenue to Exceed RMB 100 Bln

DoNews, 8/14/13

Lei Jun, CEO of Beijing-based Android handset developer Xiaomi, stated today that the company expects its 2013 handset sales revenue to exceed RMB 26 bln, and to surpass RMB 50 bln in 2014. Xiaomi expects sales to reach RMB 100 bln as early as 2015.

Editor's Note: For more background on this topic, please see "Xiaomi Raises 2013 Handset Sales Projection to 20 Mln Units" MD 8/09/13 issue and "Xiaomi H1 2013 Revenue Reaches RMB 13.3 Bln" MD 7/16/13 issue.

Keywords: Lei Jun handset revenue wireless Xiaomi forecast

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