Xiaomi plans to start producing smartphones in India and Brazil to meet huge demand

Xiaomi plans to start producing smartphones in India and Brazil to meet huge demand:

Last week, Xiaomi CEO Lei Jun declared that his company could become the world’s largest smartphone maker in 5 - 10 years, dethroning Samsung and Apple from the top. Of course, in order to get there, Xiaomi needs to establish itself as a top handset maker in key markets. The company is already hugely successful in China (its home country), and it’s also doing great in India. However, Xiaomi has problems meeting demand in foreign markets.



According to Reuters, Xiaomi’s Hugo Barra recently said that the company was shipping 200,000 handsets per week to India. That’s not always an easy task, ...