三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文
Business / Gadgets

Xiaomi 'not seeking public listing'

By Qiu Quanlin (China Daily) Updated: 2014-03-07 08:19

Xiaomi 'not seeking public listing' 

Xiaomi smartphones are popular in China. Xiaomi Corp set an aggressive target of 100 billion yuan in sales next year. China Daily 

Chinese smartphone maker Xiaomi Corp will not look for a public listing within five years, although it has registered a sharp sales increase since it was established some four years ago, a senior manager of the company said.

"Boosting production to meet the increasing market demand will be prioritized in the years ahead because our products have become more popular both in the domestic and overseas market," said Lei Jun, founder and chief executive officer of Xiaomi.

Smartphones produced by the company, which was established in 2010, are well integrated with the fast-developing mobile Internet industry, according to Lei.

Xiaomi 'not seeking public listing'

Xiaomi 'not seeking public listing'

"Robust development of the Internet in recent years has provided huge opportunities for traditional industries to upgrade their businesses. Like many other businesses, we are taking this opportunity to enter the smartphone market," Lei said.

Lei made the remarks on Thursday in Beijing on the sidelines of the annual session of the National People's Congress. "We will not go public within five years. Instead, we are putting more effort into making enough products," Lei said.

The mobile Internet company offers high-capability smartphones at a price below 2,000 yuan ($326), an aggressive pricing strategy that almost positions it at its factory cost. "I have told our suppliers and distributors to make more of an effort to ensure we have enough products to meet the increasing market demand in the years ahead," Lei said.

After realizing a 150 percent year-on-year sales increase to 31.6 billion yuan in 2013, the company has set an aggressive target of 100 billion yuan in sales next year.

"If we have an initial public offering, we may be distracted from delivering good products at low prices," Lei said.

The sales revenue of Xiaomi is expected to exceed 70 billion yuan in 2014, with at least 40 million smartphones being sold. "I am confident of realizing the goal next year. It will be a 'miracle', given that Xiaomi was only established a few years ago," Lei said.

He attributed the company's robust market performance to the fast development of the mobile Internet industry over the past few years.

"Nonetheless, I am not worried about market share because we are concentrating on our core business model-relying on mobile Internet to make profits," Lei said, adding that the emerging mobile Internet has been well integrated into many traditional industry sectors, presenting huge business opportunities.

In a proposal to the annual National People's Congress session, Lei said the government should expand free Wi-Fi facilities and 4G networks to facilitate wide use of mobile Internet.

"From users, operators and smartphone makers to online application developers, there has already been huge market potential brought about by mobile Internet," Lei said.

Xiaomi 'not seeking public listing'
Check out Chinese tycoons' offices

Xiaomi 'not seeking public listing'
China's 8 most outstanding entrepreneurs

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 免费三片在线观看网站 | 免费黄色视屏 | 亚洲欧美精品综合中文字幕 | 国产在线免| 久久国产香蕉 | 久久综合五月婷婷 | 国产福利一区二区在线精品 | 又大又粗进出白浆直流动态图 | 天天看天天摸色天天综合网 | 国产性较精品视频免费 | 性满足久久久久久久久 | 精品网站 | 国内精品久久影视免费 | 亚洲精品中文字幕一区 | 国产精品亚洲高清一区二区 | 日韩欧美成人免费中文字幕 | 特一级大黄在线观看 | 草草草在线视频 | 一级毛片免费播放 | 国产一区二区三区手机在线观看 | 中国一级簧色 | 天天看a | 国内自拍视频一区二区三区 | 1024人成软件色www | 一级成人生活片免费看 | 国产小视频在线播放 | 精品一区二区在线欧美日韩 | 欧美伦禁片在线播放 | 免费黄色大片在线观看 | 久久久久亚洲 | 国产免费一区二区三区香蕉精 | 91精品国产闺蜜国产在线 | 国产欧美一区二区三区鸳鸯浴 | 中文字幕 亚洲精品 第1页 | 91频视| 多男一女一级淫片免费播放口 | 欧美日韩亚洲国内综合网俺 | 亚洲欧美综合人成野草 | 一级女人18毛片免费 | 欧美日韩亚洲视频 | 国产伦一区二区三区高清 |