Chinese smartphone maker Xiaomi has announced plans to expand their sales into 10 more countries. Though they currently sell very well in China — 7% of sales in a market with well over a billion customers, as well as being available in Taiwan, Hong Kong, and most recently Singapore, the company understandably thirsts for the opportunity to sell their wares in other lucrative markets. Xiamoi's smartphones tend to be well built and decently specced with competitive prices, which will serve them well in their expansion plans.
Hugo Barra, Former Android VP of Product at Google, is heading Xiaomi's international expansion as their VP of Xiamo Global. The expansion plans include the nations of Brazil, India, Indonesia, Malaysia, Mexico, the Philippines, Russia, Thailand, Turkey, and Vietnam.
Xiaomi Co-founder and president Bin Lin said in an interview with Bloomberg that "It's our mission and our belief that this model should be able to achieve some level of success outside of China."
Source: Bloomberg
