Lei Jun, CEO and founder of Xiaomi, at a product launch last year. He has said he is targeting recovering the top spot in China’s smartphone market within 10 quarters. Photo: Simon Song

Xiaomi targets return to No 1 spot in China’s smartphone market in 10 quarters

CEO Lei Jun tells staff in a speech that overseas expansion will also continue, but acknowledges a slowdown in the China market and stiff competition

Topic |   Xiaomi

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Lei Jun, CEO and founder of Xiaomi, at a product launch last year. He has said he is targeting recovering the top spot in China’s smartphone market within 10 quarters. Photo: Simon Song
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