Chinese budget smartphone maker Xiaomi plans to sell 40 million handsets in 2014, more than double the number it sold in 2013, its chairman said on Thursday, reinforcing the company's ambitions to outsell more expensive offerings from Apple Inc and Samsung Electronics Co Ltd.
Lei Jun, who is also co-founder of the tech firm, made the projection on Sina Weibo, China's most widely used microblogging site, and it was reposted on Xiaomi's website.
China's Smartphone Xiaomi
"We again promise, we will at least supply 40 million phones in 2014!" he wrote. China is the world's biggest market for smartphones".
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