{"id":167317,"date":"2014-01-05T17:48:46","date_gmt":"2014-01-06T01:48:46","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/?p=167317"},"modified":"2014-01-05T17:48:46","modified_gmt":"2014-01-06T01:48:46","slug":"xiaomi-sales-doubled-2013-still-enough","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2014\/01\/xiaomi-sales-doubled-2013-still-enough\/","title":{"rendered":"Xiaomi Sets Sights Higher After Sales Soar in 2013"},"content":{"rendered":"<p>The Wall Street Journal reports that <a title=\"Smartphone Maker Xiaomi\u2019s Sales More Than Doubled in 2013\" href=\"http:\/\/blogs.wsj.com\/chinarealtime\/2014\/01\/02\/smartphone-maker-xiaomis-sales-more-than-doubled-in-2013\/?mod=e2tw\"><strong>Xiaomi&#8217;s sales more than doubled in 2013 but that the smartphone maker stopped short of its target goals<\/strong>:<\/a><\/p>\n<blockquote><p>Fast-growing\u00a0<a href=\"http:\/\/online.wsj.com\/news\/articles\/SB10001424052702304441404579120901140934562\" target=\"_blank\">Chinese smartphone maker Xiaomi<\/a>\u00a0Inc. sold nearly 19 million phones last year. That was enough for it to more than double up on 2012\u2019s figure and beat a target it had set in early in 2013.<\/p>\n<p>But it wasn\u2019t quite enough to beat the expectations of the Beijing-based company\u2019s founder and leader.<\/p>\n<p>That founder, Chairman and Chief Executive Lei Jun, on Thursday said on his verified Sina Weibo microblog account that the upstart sold 18.7 million phones last year. That compares with 7 million in 2012 and comes as the company ratchets up competition with Chinese market heavyweights\u00a0Samsung Electronics\u00a0Co.\u00a0and\u00a0Apple\u00a0Inc.\u00a0AAPL\u00a0and\u00a0expands to Southeast Asia.<\/p>\n<p>For 2014, he said, Xiaomi hopes to sell at least 40 million phones.[<strong><a href=\"http:\/\/blogs.wsj.com\/chinarealtime\/2014\/01\/02\/smartphone-maker-xiaomis-sales-more-than-doubled-in-2013\/?mod=e2tw\">Source<\/a><\/strong>]<\/p><\/blockquote>\n<p>Meanwhile,<strong> <a title=\"China Mobile\u2019s Costly Deal With Apple\" href=\"http:\/\/blogs.wsj.com\/digits\/2014\/01\/03\/china-mobiles-costly-iphone-deal-with-apple\/\">Rachel Luk (also via The Wall Street Journal) notes that China Mobile may have struck a deal with Apple to sell iPhones but that &#8220;it\u2019s looking like a costly partnership at least in the near term&#8221;<\/a><\/strong>:<\/p>\n<blockquote><p><a href=\"http:\/\/blogs.wsj.com\/digits\/2013\/12\/22\/apple-confirms-china-mobile-deal\/\">Since Apple confirmed the deal with China Mobile,<\/a>\u00a0brokerages have been swiftly reducing their earnings forecast for the world\u2019s largest carrier by subscribers \u00a0because of steep capital outlays for a new network and anticipated handset subsidies. The carrier will also have to contend with lower interconnection fees from rivals as of Jan. 1 as part of the Chinese government\u2019s latest effort to promote competition.[<strong><a href=\"http:\/\/blogs.wsj.com\/digits\/2014\/01\/03\/china-mobiles-costly-iphone-deal-with-apple\/\">Source<\/a><\/strong>]<\/p><\/blockquote>\n<p>Read more about <a title=\"Xiaomi\" href=\"http:\/\/chinadigitaltimes.net\/?s=xiaomi\">Xiaomi via CDT<\/a>.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Wall Street Journal reports that Xiaomi&#8217;s sales more than doubled in 2013 but that the smartphone maker stopped short of its target goals: Fast-growing\u00a0Chinese smartphone maker Xiaomi\u00a0Inc. sold nearly 19 million phones last year. That was enough for it to more than double up on 2012\u2019s figure and beat a target it had set [&hellip;]<\/p>\n","protected":false},"author":1022,"featured_media":167318,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[2,7,14744,14745,14746,6],"tags":[6986,862,15871,15843,15451],"class_list":["post-167317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-information-revolution","category-level-2-article","category-level-3-article","category-level-4-article","category-sci-tech","tag-apple","tag-cell-phones","tag-predictions","tag-smartphone","tag-xiaomi","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Xiaomi Sets Sights Higher After Sales Soar in 2013<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2014\/01\/xiaomi-sales-doubled-2013-still-enough\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Xiaomi Sets Sights Higher After Sales Soar in 2013\" \/>\n<meta property=\"og:description\" content=\"The Wall Street Journal reports that Xiaomi&#8217;s sales more than doubled in 2013 but that the smartphone maker stopped short of its target goals: Fast-growing\u00a0Chinese smartphone maker Xiaomi\u00a0Inc. sold nearly 19 million phones last year. 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