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THURSDAY, MAY 29, 2025
Xiaomi aims to be world's biggest smartphone maker within three years

Tech

TBS Report
11 August, 2021, 04:30 pm
Last modified: 11 August, 2021, 05:30 pm

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Xiaomi aims to be world's biggest smartphone maker within three years

South Korea's Samsung Electronics currently holds the number one spot

TBS Report
11 August, 2021, 04:30 pm
Last modified: 11 August, 2021, 05:30 pm
FILE PHOTO: REUTERS/Abhishek N. Chinnappa
FILE PHOTO: REUTERS/Abhishek N. Chinnappa

Chinese technology giant Xiaomi has said it plans to be the world's biggest smartphone maker within three years.

The comments by the Beijing-based firm's boss come after it recently overtook Apple to become the second largest mobile brand, reports the BBC.

South Korea's Samsung Electronics currently holds the number one spot.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Xiaomi's founder and chief executive Lei Jun was speaking ahead of the launch of the company's new Mix 4 handset.

"Our current task is to cement the number two position in the global market," Lei said, adding: "We aim to become global number one in three years."

He was making his annual speech during an online event as the company celebrated the 10th anniversary of its first smartphone launch.

Industry figures released last month showed that Xiaomi had for the first time overtaken US rival Apple as the world's second-biggest smartphone brand.

Xiaomi accounted for almost 17% of the global handset market in the April to June quarter, topping Apple's 14.1%, according to research firm IDC.

Top News / World+Biz / Smartphones / China / Global Economy

Xiaomi / Smartphone Market

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