| The figures helps shine light on the rapid 
				growth of the privately-held tech firm which has risen to become 
				the world's No.3 smartphone maker and is challenging Apple Inc 
				and Samsung Electronics Co Ltd  as well as domestic rivals 
				such as Huawei Technology Co Ltd.
 Xiaomi sold a total of just over 61 million phones in 2014, up 
				227 percent from a year earlier, Lei added in a post on his Sina 
				Weibo microblog account.
 
 The post did not give a related profit figure, although a filing 
				last month showed that the firm was grappling with razor thin 
				margins as it rapidly expands. A part of the business made 
				around 347.5 million yuan net profit last year on revenue of 
				26.6 billion yuan and an operating margin of just 1.8 percent.
 
 Lei added that growth in China's smartphone market would ease in 
				2015 and that the firm would look to focus on innovating new 
				products and pushing into more overseas markets.
 
 Lei, who is both chairman and chief executive, claims 77.8 
				percent ownership of the company he co-founded in 2010, while 
				unnamed shareholders split the remainder, according to a recent 
				filing.
 
 Last week Xiaomi raised $1.1 billion in a round of funding that 
				valued the firm at $45 billion, from investors including 
				All-Stars Investment, DST Global, Hopu Investment Management, 
				and Yunfeng Capital, as well as Singapore sovereign wealth fund 
				GIC.
 
 ($1 = 6.2046 Chinese yuan renminbi)
 
 (Reporting by Adam Jourdan)
 
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