Sunday, May 29, 2022
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home Mobile

Xiaomi Sold More Smartphones in H1 2014 Than it Did in the Whole of 2013

by Pang Tun Yau
July 2, 2014
Xiaomi Sold More Smartphones in H1 2014 Than it Did in the Whole of 2013
Share on FacebookShare on Twitter

xiaomi-h1-2014-figures

Xiaomi has revealed that the company has sold more smartphones in the first half of this year than in did for the whole of 2013, and posting revenues in excess of $5.3 billion. Again, as a comparison, this number is more than double what the company posted for FY2013.

The company’s financial report for the first half of the year shows that the company sold an incredible 26 million phones. For comparison, Xiaomi sold “only” 7.19 million phones in 2012, and a further 18.7 million last year. It is well on course to sell more phones than the last two years combined; CEO Lei Jun states that it now expects to hit the 60 million mark by the end of this year – up from his earlier expectation of 40 million.

xiaomi-malaysia-mi-3-redmi

ADVERTISEMENT

The US$5.3 billion the company made in revenue is certainly impressive, and represents a 149% increase from the same period last year. These very impressive figures is largely due to Xiaomi’s recent foray into the international market, starting with Singapore this year, and later in Malaysia. It’s also just announced its arrival in two more Asian countries, India and the Philippines. In both Singapore and Malaysia, Xiaomi has received a spectacular reception, with its products selling out so quickly it has managed to anger a minority of consumers into labelling its flash sales an elaborate marketing stunt (not to mention spur an unhealthy secondary economy).

Regardless, this business model is clearly working well for the Chinese company with a startup heart. Even though the company did not reveal its profits for the two financial quarters, these numbers revealed today indicate some seriously healthy balance sheets, and will likely only continue getting healthier.

As a result, Lei Jun has now come out and said that Xiaomi expects to sell 100 million devices next year. This is likely not an overly ambitious target, as the company has shown with its international expansion that it is ready to disrupt the markets it has entered, and with the company already laying the groundwork to entering more markets such as Indonesia, 100 million devices in 2015 may not be that unrealistic.

(Source: Bin Lin (Facebook), Hugo Barra (Twitter), The Next Web)

Tags: xiaomixiaomi malaysiaxiaomi sales
Back to top
Share1Tweet1SendShare

ADVERTISEMENT

RELATED ARTICLES

New YouTube Update Enables Users To Skip Forward To Good Parts
Apps

Google to Bring Video Advertising to YouTube Shorts

by John Law
May 28, 2022

Google recently announced at its Marketing Live event that it will gradually start rolling out ads via YouTube Shorts and...

Read more
ktmb ets train
Transportation

KTMB Opens ETS, Intercity Ticket Sales For July Until December

by Ikmal Rozlan
May 27, 2022

KTMB has started selling tickets for ETS and Intercity service rides for the next six months. The company did the...

Read more
Samsung Teases 200MP ISOCELL Sensor With A Giant Cat Picture
Hardware

Samsung Teases 200MP ISOCELL Sensor With A Giant Cat Picture

by John Law
May 27, 2022

Last year, Samsung unveiled its 200MP ISOCELL mobile image sensor, dubbed the HP1. The new sensor had s apixel size...

Read more
Black Shark 5 launch
Mobile

Black Shark 5, 5 Pro To Launch In Malaysia On 8 June

by Ian Chee
May 27, 2022

The Black Shark 5 and its Pro variant were announced earlier this year. It looks like they will be officially...

Read more
Load More
No Result
View All Result

TRENDING TODAY

  1. 1
    Transportation

    Proposals For New Klang Valley Highways Approved To Reduce Congestion

  2. 2
    Mobile

    Samsung Galaxy A73 5G Review: Pushing The Price Barrier

  3. 3
    Fintech

    Enhanced TNG Card Sells Out Again Less Than Two Hours After Restock (UPDATE)

  4. 4
    Photography

    Huawei and Leica Partnership Is Officially Over

  5. 5
    Mobile

    Xiaomi Sold More Smartphones in H1 2014 Than it Did in the Whole of 2013

Lowyat.NET

Consumer Tech News & Reviews Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

We use cookies to improve your experience. Learn More.