I guess selling more than 23 million smartphones in 3 months is a good way to celebrate, don’t you think? Xiaomi may have had a “difficult” 2016, but this new year is much better for the Chinese company, that recently announced its most successful quarter (Q2) with a bit more that 23 million phones sold across the globe.
According to Xiaomi’s CEO (Lei Jun), the amount of sold phones is 70% more than it was in the previous three-month period and this is all credited to the impressive R&D (Research & Development) investments of the Chinese company during the past 2 years. Xiaomi did great in India as well according to the results, with the company having an explosive growth of 328% in the country, with the Redmi Note 4 being the highest shipped smartphone in the country, and the company even opened its first Mi Home in Bengaluru two months ago.
Lei Jun is confident that the rough 2016 is a thing of the past, and only good things are in stored for the Chinese company in the coming months. Note that Xiaomi aims really high for 2017, planning to reach revenue of CNY100 billion (about $14.7 billion) by the end of the year and sets a target of 100 million shipments in 2018!