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| Xiaomi sales in 2019 exceed $ 28.4 billion |
Li Jun, CEO of Xiaomi, confirmed that Xiaomi sales exceeded $ 28.4 billion in 2019.
Xiaomi recently dominated a large portion of smart phone sales in the global market, with Xiaomi being one of the top five mobile phone manufacturers according to the rankings of the world.
The Xiaomi brand has been able to take the lead in the Indian and Chinese markets (the market with the largest smartphone sales), and the CEO of Xiaomi LEI JUN assured that the company will continue to improve in the US mobile market. Future performance.
On the other hand, Lei Jun said on the Weibo website that Xiaomi has benefited from the success of the online marketing of the company's products, which means that the corporate market performance has grown rapidly. In 2012, two years after its creation, Xiaomi had sales of 10 billion yuan. Sales of 100 billion yuan were achieved in 2017, and the company surpassed the mark of 200 billion yuan (28.4 billion dollars) in just two years.
It is worth noting that Xiaomi has recently invested in the field of Internet-powered devices and artificial intelligence. The company plans to expand the development of 5G products in 2020 and plans to increase its revenue in 2020.