Xiaomi: We will rule the smartphone world in 5 to 10 years

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Xiaomi Redmi S1

Remember how years ago, Samsung announced that it was going after Nokia’s lead in the mobile world? Well, Xiaomi has talked boldly. cnBeta reports that Xiaomi has announced that it is set to beat back the global smartphone leaders to become the number one smartphone maker in the next five to ten years. How feasible is this? Here are a few facts about Xiaomi:

  • launched its first smartphone just three years ago in 2011
  • is currently the global number 3
  • achieved the number 3 position by operating mainly in China, and only recently in 6 other Asian countries: Hong Kong, Taiwan, Singapore, Malaysia, Indonesia and India

Now, consider what would happen when they execute their plans to operate in more countries. Yes; the 5 to 10 years domination plan sounds doable. Because, “always believe that something wonderful is about to happen.”

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