Xiaomis Reports Revenue Rose to $12B in 2014

Xiaomi has achieved significant sales, selling 61.1 million smartphones last year. CEO Lejeune announced upcoming product launches, including a new flagship. Xiaomi's valuation is $45 billion, with potential to reach $100 billion, according to investor Yuri Milner. The company is the third largest mobile phone vendor globally, focusing on budget markets and avoiding Western countries. Xiaomi has expanded from software to diverse products like tablets and air purifiers. It is building an ecosystem by investing in hardware companies, combining hardware, software, and services for future growth.

What is the expected valuation of Xiaomi according to Yuri Milner?

• $100 billion

• $150 billion

• $60 billion

• $45 billion

Which market strategy has Xiaomi primarily focused on?

• High-end luxury markets

• Budget-conscious developing markets

• Corporate enterprise solutions

• Western countries like the US and UK

In which year did Xiaomi overtake Samsung in China?

• 2014

• 2010

• 2016

• 2012

What was Xiaomi's initial business focus when it launched?

• Manufacturing smartphones

• Developing software for mobile devices

• Creating smart home devices

• Building an online marketplace

What is a key component of Xiaomi's future strategy according to analysts?

• Expanding into Western markets

• Building an ecosystem combining hardware, software, and services

• Focusing solely on smartphone sales

• Becoming a publicly traded company