Xiaomi announces 61.12 million Mi phones sold in 2014

Xiaomi had a big 2014, and is looking to expand into more countries next year. This helped the company reach revenues of CNY 74.3 billion, or roughly $12.1 billion. In a letter to Xiaomi employees, CEO Lei Jun congratulated the company on 2014, and talked a bit about plans for the future, including overseas expansion.

Xiaomi has entered 7 countries and areas beyond China in 2014 , and we made great success in those markets. For example, Xiaomi sold out 1 million Mi phones in India in less than 5 months. There is no doubt that we will go to other countries and make a stir in there this year. Of course, there will be obstacles awaiting us. But we will face the challenges positively and let everyone around the globe have the opportunity to enjoy technology.