Xiaomi's Era Of Domination


BANGALORE: Xiaomi the leading Chinese mobile maker led by its charismatic founder Lei Jun, was 2014s news maker for all the good reasons and going with that, he also disclosed his view very publicly declaring domination on the world market, on an international press conference. Cited his view of taking the world market in the coming 10 years and dominate the others governing the market reports, Techradar.

His view can take a possible shape in regards to its present position as third leading smart phone vendor, just behind the two giants Apple and Samsung, which in future may be over passed. To attain this position Xiaomi initially left behind Hi-end range to concentrate on the mid range and budget phones.

For this year this upcoming giant has made a turnover of $12 billion figuring double to the previous year, with around a sale of 61 million sets. Though some of its design may reflect iPhone models, Apple hasn’t taken down any legal implication, but the firm U.S. vice president remarked Xiaomi to its theft and criticized on protection of its intellectual property being weak.

But Xiaomi’s marketing department spokesperson in an interview with AFP clarified in regard to the allegation and answered back to examine the model more closely to cite out the differences.

Read Also:

10 Pillars To Secure "Entrepreneur" Label

Leading Smartphone Vendor Xiaomi Eager to Invest in Indian Startups