Xiaomi has been experiencing sharp drops in sales of smartphones. However, the company admitted to not being worried, because their real business model is not based on the production of smart phones.
In reality, the true main source of income is not the sale of mobile devices, since that is only a long-term plan in which every smartphone is a piece with no relevance. For this reason, the fact that they are selling less equipment, is not a reason for consternation for the chinese company.
Hugo Barra, a spokesman for Xiaomi, said in an interview to Reuters that the sale of smart phones serves only to obtain revenue from the consumers over a period of several years.
in Addition, their line of smartphones is not the only division that has Xiaomi, as its success is also due to a whole catalogue of products as varied as robots, bracelets smart, heaters, rice, tablets, desk lamps, hearing aids, among hundreds more.
however, the devices that contribute the most to the company are the smart devices for the home, since this year, thanks to that, the benefits of the company doubled to reach 1,500 million dollars.
on the other hand, the spokesperson commented that the company has been investing heavily in India and southeast asia, in addition to that is also trying to adapt some of its models to work on 4G networks in the united States.
"there is No need to travel to a public offering of shares or a round of private financing. We are not a fad"
Xiaomi received a value of 46 billion us dollars in its latest fundraising in the year 2014; therefore, it became the most valuable company in the world in terms of smartphones is concerned, since their smart phones were the most sold in China.
however, not everything was laughter and fun, as the past year, Xiaomi has lost its global objectives, while the sales of its smartphones fell by 12 percent.
References: Reuters, Techcrunch
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