The Beijing-based Xiaomi shipped 26.1 million
handsets in the first six months of the year, it said in a press
release on Wednesday. This was more than it shipped in the whole
of 2013 and almost quadruple the 7.03 million units for the
first half of last year.
Sales for the first six months rose 149 percent from a year ago
to 33 billion yuan ($5.32 billion), Xiaomi said.
Xiaomi, which this year aims to ship 60 million handsets, has
rapidly risen to become one of the dominant forces in China's
highly competitive smartphone market. It was the sixth biggest
smartphone vendor in the world in the first quarter, according
The firm, which bills itself as an Internet company offering
services and products via its smartphones, is now looking to
expand overseas, particularly into Southeast Asia, India, Brazil
But according to Canalys, 97 percent of its smartphone shipments
in the first quarter were still within mainland China, where it
is known for its successful online marketing campaigns. ($1 =
6.2084 Chinese yuan)
(Reporting by Paul Carsten; Editing by Michael Urquhart)
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