
Xiaomi Corp.
The world's most valuable technology startup plans to offer Web services
As part of the Chinese company's strategy to expand its smart space, India has launched air purifiers and TV productshome products.
"I want to bring Mi air purifiers to India this year," Hugo Barra, vice president for international operations, said in an interview in New Delhi on Thursday.
Mr. Barra says Xiaomi is also exploring selling television and security cameras in India.
Since Xiaomi was founded in Beijing in 2010, Lei's June chief executive built Xiaomi into China's largest smartphone supplier.
Now he has pushed the company to the Internet.
Prepare the equipment and promise to support the products of 100 start-up expansion companies.
Household electronics are only sold in China so far, but as the company's largest overseas market, India is the logical next step.
Network Market-
Connecting appliances will grow to $7.
From $1 trillion to 2020.
According to data from International Data Corporation, 9 trillion in 2013
Xiaomi has invested in 27 startups and launched products such as air purifiers, home safety systems and smart bulbs.
This allows the company to focus on improving its core products, including smartphones, tablets, routers, TVs and set-top boxes
The top box, Lei said.
The company is working with many startups in the field of mobile and mobile software as well as some early
Barra said on Thursday that no more details were provided in India's hardware startups.
"We're just looking for disruptive teams and disruptive ideas in mobile technology," Barra said . ".
Xiaomi said in November that it hopes to make it locally in India and may achieve this in the next 12 years.
It's been 18 months, Barra said.
He said the company is in talks with contract manufacturers to set up factories in India, with some of them already working.
Xiaomi's revenue doubled last year to $12 billion, and smartphone shipments more than doubled to 61. 1 million units
The company completed $1 in December.
The 1 billion round of financing valued the company at $45 billion.
According to IDC, Xiaomi entered India in July, ranking fifth in the national smartphone market last quarter.
The company declined to comment on Ericsson's court case of accusing Xiaomi of infringing its wireless technology patents.
The Delhi High Court has banned Xiaomi from using MediaTek to sell mobile phones.
Before making a decision on this matter—