Translate into Chinese. Passage 1Xiaomi is one of the fastest-growing tech companies in the world. It’s the sixth largest handset maker on earth and No. 3 in China, behind Samsung Electronics and Lenovo Group, according to a research firm. Xiaomi’s recent growth is impressive, and its potential is even greater. In 2013, the company says, it sold 18.7 million smartphones almost entirely from its own website, bringing in $5 billion in revenue. Lei, CEO of the company, set an internal goal of selling 40 million smart phones in 2014, and then raised it to 60 million. While the phones have obvious echoes of better-known products from Apple and Samsung, they’re not clones. Xiaomi’s Mi 3 smart phone, its flagship, is appropriately light and thin (8.1 mm). A color-popping display from LG and a high-performance Qualcomm (QCOM) processor give buyers the same components they’d find in other top-of-the-line phones. The device runs MIUI, Xiaomi’s own version of the Android operating system. Regular software updates, which come at the end of each week, often incorporate ideas from users. Chetan Sharma, a strategic consultant who advises businesses on mobile, says, “Lei Jun aspires to build a Chinese brand that stands up to the legends of the industry.”
Translate into Chinese. Passage 1Xiaomi is one of the fastest-growing tech companies in the world. It’s the sixth largest handset maker on earth and No. 3 in China, behind Samsung Electronics and Lenovo Group, according to a research firm. Xiaomi’s recent growth is impressive, and its potential is even greater. In 2013, the company says, it sold 18.7 million smartphones almost entirely from its own website, bringing in $5 billion in revenue. Lei, CEO of the company, set an internal goal of selling 40 million smart phones in 2014, and then raised it to 60 million. While the phones have obvious echoes of better-known products from Apple and Samsung, they’re not clones. Xiaomi’s Mi 3 smart phone, its flagship, is appropriately light and thin (8.1 mm). A color-popping display from LG and a high-performance Qualcomm (QCOM) processor give buyers the same components they’d find in other top-of-the-line phones. The device runs MIUI, Xiaomi’s own version of the Android operating system. Regular software updates, which come at the end of each week, often incorporate ideas from users. Chetan Sharma, a strategic consultant who advises businesses on mobile, says, “Lei Jun aspires to build a Chinese brand that stands up to the legends of the industry.”