in December 2013. (didn't have room in the title)
China is the #1 smartphone market in the world (USA is #2).
http://www.zdnet.com/windows-phone-...ope-xiaomi-beats-samsung-in-china-7000025613/
Xiaomi is basically the Chinese version of the Nexus 4/ Nexus 5 / Kindle Fire / Kindle HD / Kindle Fire HDX. High specs smartphone / tablets at nearly break-even prices.
http://bgr.com/2014/01/01/xiaomi-2014-smartphone-shipments/
Xiaomi is projecting 40 million smartphones sales in 2014.
2012 actual: ~7 million
2013 actual: ~19 million
2014 projection: ~40 milllion
Here's why Google and Amazon is SCARY to OEM. They can sell hardware at break-even.
Google makes more money as more people have access to the internet.
Amazon makes more money as more people shop on the internet.
China is the #1 smartphone market in the world (USA is #2).
http://www.zdnet.com/windows-phone-...ope-xiaomi-beats-samsung-in-china-7000025613/
"In December, Xiaomi overtook both Apple and Samsung to become the top selling smartphone in China — a truly remarkable achievement for a brand which was only started in 2010 and sells its device almost exclusively online," Sunnebo said.
"The combination of high spec devices, low prices and an ability to create unprecedented buzz through online and social platforms has proved an irresistible proposition for the Chinese."
Xiaomi is basically the Chinese version of the Nexus 4/ Nexus 5 / Kindle Fire / Kindle HD / Kindle Fire HDX. High specs smartphone / tablets at nearly break-even prices.
http://bgr.com/2014/01/01/xiaomi-2014-smartphone-shipments/
Xiaomi is projecting 40 million smartphones sales in 2014.
2012 actual: ~7 million
2013 actual: ~19 million
2014 projection: ~40 milllion
Here's why Google and Amazon is SCARY to OEM. They can sell hardware at break-even.
Google makes more money as more people have access to the internet.
Amazon makes more money as more people shop on the internet.
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