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Xiaomi Sales Go Up By 20% In The Third Quarter

October 8, 2014 - Written By Kristijan Lucic

Xiaomi is one of the most successful Chinese smartphone OEMs out there. The company’s results have been rising quarter after quarter thanks to the affordable devices company keeps on making, no matter if we’re talking low, mid or high-end ones, Xiaomi basically always manages to get the price right. This China-based smartphone manufacturer is extremely popular in China and basically everyone knows who Xiaomi is though they’re not that known worldwide. Chinese smartphone market is getting rather saturated and this company, like many others, is trying to find its way to other markets. Xiaomi has several markets in mind and is already halfway there on some of them. They intend to take Brazil by storm soon and company’s “Flash Sales” in India through Flipkart are extremely popular, Xiaomi Redmi 1S devices are selling like hotcakes.

Xiaomi has already conquered China considering they’re China’s number 1 smartphone vendor according to Canalys, which is a big deal of course. Xiaomi’s CEO, Lei Jun, announced through its Weibo (Chinese social network) account that the company’s numbers have grown by 20%. These are some great news for Xiaomi, great indeed. Meizu has been selling company’s flagship MX4 devices like crazy in the next month or so and many though that this will at least somewhat influence Xiaomi’s quarterly results, though that doesn’t seem to be the case. Let’s estimate things a bit, if we consider all quarterly results thus far, Xiaomi has sold roughly 44 million devices thus far. Keep in mind that the company has set the goal towards 60 million devices this year, so they’re only 16 million shy of that goal. If we consider there’s still 1 quarter to go and that the company will probably have the best results in Q4 considering that the holidays are coming, we can already say that they’re going to cross that 60 million number.

Have you ever used one of Xiaomi’s devices? What do you think of this company and do you think Meizu has what it takes to get closer to Xiaomi as far as sales go?