Xiaomi Delays Overseas Push Amid Foxconn Talks

Xiaomi has experienced rapid growth, becoming the top smartphone seller in China within four years. The company hired Hugo Barra to lead its international expansion, initially planning to enter 10 new markets. However, they have decided to scale back, focusing on five markets this year and postponing others to 2015. Xiaomi is in talks with Foxconn to boost production and is considering manufacturing in new markets. Despite scaling back, Xiaomi remains on a high growth trajectory, with a valuation between $40-50 billion and potential to surpass Samsung and Apple in the future.

What factors contributed to Xiaomi's rapid success in the smartphone market?

How has Xiaomi's expansion strategy changed according to recent announcements?

What are the potential benefits of Xiaomi scaling back its expansion plans?

What markets has Xiaomi already expanded into this year?

In what ways might Xiaomi's growth trajectory be perceived as too fast?