The 'Apple of China' expanded into 80 new markets in four years. Here's how Xiaomi grew so rapidly

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Since its first overseas foray into Brazil in 2015, Xiaomi has expanded rapidly internationally and is now in more than 80 markets, according to IDC.

Since its first overseas foray into Brazil in 2015, the company has expanded internationally and launched in more than 80 markets. It is now, according to IDC, and recently become the youngest company on the Fortune Global 500 list.

Today, Xiaomi has more than 1,000 retail outlets, including in cities such as Mexico City, Dubai and London. Yet, referring to Xiaomi as the "anything of China" might no longer be accurate. About 40% of its total revenue now comes from outside mainland China.Xiaomi had previously said it plans to expand into the U.S. market in 2019, but those plans are now on hold amid rising U.S.-China trade tensions and as its homegrown rival, Huawei faces expansion challenges into the U.S. and is"The U.S. market, I think, is no doubt the most important market, for everyone," Wang said.

"So far we are working very hard trying to design a product for the U.S. market but still, resources is the big issue," he added.The company temporarily left the Brazillian market reportedly over economic instability and operational issues, and

 

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i a meteoric rise

i By stealing technology from the Cisco and the like and undercut their pricing. It has been easy because Xiaomi does not have to spend much money on research, it just needs a spying budget.

i Tech company with 0% research budget

Xiaomi is better than Apple and very good service and very cheap compare to Apple and they have to many products you could connect to your smartphone .

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