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Xiaomi CEO Predicts Smartphone Domination Within 10 Years

Xiaomi was founded back in 2010 and went on to launch its very first smartphone in the summer of 2011. Then in just 3 years it became the world’s Number 3 smartphone manufacturer in sales volumes. Lets also not forget that it managed to be number 3 with sales only spanning across parts of Asia. This is one of the biggest success stories in the industry in recent years.

Xiaomi

CEO Lei Jun is confident that Xiaomi is capable of taking on the world and becoming the, Number 1 selling smartphone manufacturer in the world within the next 5-10 years. Let’s look at this with some serious logic, they have reached some serious heights in a very short space of time so who are we to disagree with his claims. Also we need to acknowledge that so much can change in this world in a short space of time. Look at BlackBerry and their roller coaster years. They went from hero to zero almost overnight and are now looking to bounce back again.

Lei Jun recently boasted that Xiaomi has 70 million active users and expects this amount to increase to 200 million in the next 12 months,meaning there are expectations to sell about 100 million smartphones in 2015 alone. That is quite some forecast for a relatively new company.

 

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