In 2013, Xiaomi sold 19 million smartphones. In 2014, the Chinese brand tripled that figure to 61 million. That is over three times what it sold in 2013.
The story of Xiaomi so far has been the stuff of legends. Founded in 2010, it has grown fast to become the 3rd largest smartphone manufacturer globally, largely from sales in only China.
The company also announced that they plan to rule the smartphone world in 5 to 10 years. Reports are that Xiaomi is not very profitable though. Still, it recently raised over $1 billion in a round of funding.
However one looks at Xiaomi, the brand is one that continues to make headlines.