Xiaomi, a Chinese hardware company, has become Middle East’s largest smartphone seller company. It gradually got hold of the entire cell phone market of Samsung. According to reports, the CEO of this company, Lei Jun is known as the Steve Jobs of China.
Jing Wang, a Shangai based Canalys Research Analyst said that this much revenue generating in the Middle East is a great accomplishment for Lei Jun. No doubt, the success which Xiaomi achieved recently is only possible because of the other conditions. The low performance of Samsung throughout the quarter make it more easier for Xiaomi to take the direction of the entire Middle East market. The vital role in this success is played by the alteration in the design and rates of Xiamoi’s smart phones.
This year Xiaomi sold almost 14 percent of the smartphones dispatched to the Middle East in the second quarter. This is approximately 5 percent more than the amount of smart phones they put on the market in the first quarter. All of this demonstrates that at present the company’s growth rate is 240 percent.
There are several other things which this company manufactures for instance televisions, routers and rather dangerously named Mi pad fodleslab. Xiaomi will soon turn out to be the number one company of China through its fastest selling growth of the cell phones.
