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Xiaomi announces $2.16 billion revenue in 1H 2013, beating the entire 2012
In a Chinese press release we just received, phone maker Xiaomi has just announced that it generated a revenue of CN¥13.27 billion or about $2.16 billion in the first half of 2013. This easily exceeds the company's CN¥12.6 billion or $2.05 billion revenue from the entirety of 2012, so things are already looking good ahead of the annual event on August 16th, when multiple products are expected to be launched -- including a TV that got leaked last month. CEO Lei Jun said that this is partly thanks to the 7.03 million Xiaomi Phones his company sold within the same period, and the release also praised the popularity of the Xiaomi Box plus various other accessories, such as the new in-ear headphones launched recently. In addition to that, Xiaomi now has 20 million users from around the world as of end of June, 14.22 million of which come from mainland China, Hong Kong and Taiwan. The latter two became part of Xiaomi's larger scope in April this year, with Hong Kong using the classic online retail model, and Taiwan doing the same but also selling devices through a partnership with local carrier Far Eastone. Despite the surprising good announcements, Lei reminds his team at today's celebration party to "forget about the results, they're not the most important," and that "only making products that make users scream can bring in long-term value." The real challenge now is to tap into the more exotic markets, and Xiaomi has previously expressed great interest in Europe. Good luck with that, Lei!
Xiaomi Phone 2S and 2A announced with MIUI v5, the former entering Hong Kong and Taiwan
After selling 7.19 million phones in China last year, Xiaomi is now one step closer to world domination with a new device that'll take it to new territories: the Xiaomi Phone 2S (or MI-2S). As the name and look (pictured left) suggest, this is pretty much the same device as the 4.3-inch Xiaomi Phone 2, except it comes with Qualcomm's newer Snapdragon 600 quad-core chip clocked at 1.7GHz, plus a beefed up camera of 13-megapixel resolution (with F2.2 aperture) on the 32GB model. The 16GB 2S, on the other hand, gets the same old 8-megapixel F2.0 imager. The rest of the hardware is the same old: 2GB RAM, 2,000mAH removable battery, 720p IPS display, dual-mic noise cancellation, 2-megapixel front-facing camera and WCDMA 850/1900/2100MHz radio (there's also a CDMA version for China Telecom). Unlike the previous launch, the 16GB flavor of this phone is already in stock on the day of announcement and is ready for purchase in China today for ¥1,999 or about $320 unsubsidized. Actually, strike that -- apparently the first lot of 200,000 units promptly sold out (likely thanks to scalpers). Luckily, Xiaomi is finally tapping into the Hong Kong market via its xiaomi.hk website starting April 23rd, so chances are genuine buyers in Hong Kong won't have to compete against the machines from mainland China; and Taiwan customers will also be able to buy a 2S from either local carrier Far Eastone towards the end of this month, or from xiaomi.tw starting next month. No word on the availability of the 32GB model just yet, but it's already priced at ¥2,299 or about $370 unsubsidized. %Gallery-185086% %Gallery-185084%
