Xiaomi intends to overtake Apple in 10 years

Young Chinese company Xiaomi plans to win the smartphone market within 10 years.

Xiaomi intends to overtake Apple in 10 years

Young company Xiaomi is a rapidly growing company manufacturing gadgets. Chinese manufacturers managed to take the third place in sales, having surpassed the most famous competitors. However, the management of the company believes that it has the strength to beat even Apple and Samsung.

Xiaomi Company, which is already named the "Chinese Apple", made a bold statement. Within the next 10 years, it intends to become a leader at the global smartphone market. The company Xiaomi was founded just four years ago, in April 2010, and it presented its first smartphone in August 2011. However, within this short period, it has gained recognition around the world. That is why Xiaomi CEO Lei Jun said that in the next 5-10 years, the company would be able to take the first place in terms of smartphone sales worldwide.

He made this ambitious statement during his speech at the Xiaomi conference in China. Lei Jun also said that at that time the company's products were actively used by 70 million people, and the following year their number would increase to 200 million. In 2015, the Chinese manufacturer expects to sell about 100 million their gadgets.

Earlier ASUS announced its intention to take the third place in the industry due to the sales increase in China and the United States.

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