Xiaomi's CEO: We will probably be the largest smartphone manufacturer in the world in 5 to 10 years

Xiaomi's CEO: We will probably be the largest smartphone manufacturer in the world in 5 to 10 years:

Just four years and a half ago, nobody had heard about Xiaomi, simply because this fast-growing Chinese company was non-existent at the time. Although its products are only available in select Asian markets as of now, Xiaomi has climbed all the way up to the third spot of the smartphone market, selling more devices than older major players such as LG, Sony, Lenovo, HTC, and many others. Xiaomi's crusade for the lion's share of the smartphone market is nowhere near finished, mind you.



Xiaomi's CEO, Lei Jun, which happens to currently be the 23rd richest man in the Middle Kingdom, claimed ...