Recently you had as Xiaomi would be for the first time at the CES in Las Vegas, possibly presenting a smart phone for the North American market, and is that sales of the brand, at least in this area do not generate you profits to the company according to their Global VP Hugo Barra.
According to words of the Executive could sell 10 billion devices and not earn a dime in regards to profits. Adds that “basically we would be giving them earning no money… we are concerned about more earnings that may occur in the coming years”.
It is evident that the commitment of the Chinese company is future in this area and is why they would be just starting its expansion in Europe in January. Xiaomi makes money in other areas, such as its ecosystem of software and devices related to the Internet of things.
According to them the sale of them former les have generated expectations of sale annual superior to them 10 thousand million of Yuan, something as well as USD $1.5 thousand million of dollars. Nothing of wrong for not be concerned, at least for now, of the area by which more them know in our lares, their economic and efficient terminals.