Xiaomi has increased sales of handsets 271pc in one year

2 Jul 2014

The Xiaomai MiPad

One of the fastest-growing mobile retailers, Xiaomi, has sold about 26.1m handsets so far this year, as the company attempts to break into a limited market.

Going by this number, this is an increase on last year’s figures of 271pc in the same time period, according to CNet.

Despite the overall shipments of mobile phones in China slowing in the first quarter of this year by 24.7pc to 100m units, the Chinese government has said Xiaomi is bucking this trend considerably, with 11pc of the country’s smartphone shipments during this time coming from the company, making it the third-largest manufacturer in China.

The company foresees a continuing rise in the number of sales for the rest of the year, with its latest financial report putting an estimate of 60m handsets to be sold by the end of the financial year and 100m sold by the end of 2015.

If this trend is to continue, the Chinese manufacturer is on course to be the world’s fastest-growing maker of Android phones.

Xiaomi is also set to release its own competitor to the iPad, the MiPad, which will reportedly retail from a starting price of US$240 for the 16GB version.

Colm Gorey was a senior journalist with Silicon Republic