Xiaomi suffered a major blow in its quest to sell 100 million smartphones in the calendar year after it sold just 34.7 million phones in the first six months of the year.
Encourages by its performance in 2014 when it sold 61 million phones, Xiaomi's CEO Lei Jun had stated that Xiaomi was on course "to become the biggest phone company in the world." However, a slowdown in the Chinese phone market earlier this year meant he has had to eat his words.
A major handicap to Xiaomi's quest for global domination is the lack of large markets like the US, Europe and the UK where it could boost its numbers. An entry in these markets would, however, lead to a flurry of patent issues with Apple and Samsung that may prove too costly for its survival. Xiaomi has long been accused of producing exact copies of Apple's iPhones for sale in China.
As of now, Xiaomi is selling products like accessories, headphones and battery packs through its online stores in UK, France, Germany and the United States.
On the other hand, Apple has benefitted greatly from its China sales in the last few months, with the country turning into its largest customer base in the world. This added to its continuing dominance in the US and in European markets. Even though Apple is yet to reveal its half-yearly results, IB Times has quoted an analyst named Neil Cybart revealing on Twitter that Apple has sold nearly 110 million devices in the first half of the year. In terms of numbers, this is thrice as much as what Xiaomi achieved in the same period.
Even though Xiaomi is readying itself to launch the Mi5 flagship phone, the new phone may come across heavy weather given that Apple's next iPhone models are set to launch around the same period. However, Xiaomi's sales had pickup up markedly in the second half of last year, so it would not be a surprise if it repeats the feat this year.