Xiaomi Sold 18.70 Million Smartphones in 2013, to Enter Singapore Market in 2014

Lei Jun, chairman and CEO of smartphone maker Xiaomi, disclosed in an internal letter that the shipment of Xiaomi Phones jumped 160% year-over-year to 18.70 million sets this year, while the company’s revenue (tax included) advanced 150% from a year earlier to 31.6 billion yuan ($5.22 billion) (via Tech Sina).

Lei added that the primary goal for Xiaomi in 2014 is to promote production capacity. He just said in his Weibo that Xiaomi would “guarantee to supply 40 million phones” and recording 50 billion yuan of sales in 2014 (via Tech Sohu).

In the past year, Xiaomi enriched its product lineup by releasing several products, including Xiaomi3, Red Mi, Xiaomi TV, Xiaomi Box and Xiaomi Router, among others.

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