Report: Xiaomi to expand this year to Brazil and Russia; no plans for U.S. yet

Report: Xiaomi to expand this year to Brazil and Russia; no plans for U.S. yet
U.S. fans of Xiaomi were ecstatic to hear about a February 12th press conference Xiaomi will hold in San Francisco. This, they hoped, would be the start of Xiaomi's expansion into the U.S. Coming on the heels of the company's unveiling of the drool-worthy Xiaomi Mi Note Pro (with 4GB of RAM), it seemed like the perfect time for the red hot Xiaomi to plant its flag in U.S. soil.

Furthering this possibility was a report on Friday that Xiaomi was deciding whether or not to go public via an IPO. With a $46 billion valuation, the question for Xiaomi was whether to list in New York or Hong Kong. A U.S. stock exchange listing would seem to go hand-in-hand with an expansion to the states. But a report published on Saturday indicates that a move to the U.S. and Europe is still far away. 

Besides China, Xiaomi currently offers its wares in countries like Taiwan, Singapore, Malaysia, India and the Philippines. The two countries reportedly next to be added to the list in 2015 are Brazil and Russia. Speaking of expansion, the company had a good start in India, quickly selling one million handsets through its flash sales done on Flipkart's website. But a patent infringement challenge by Ericsson has now limited Xiaomi to offering phones in the country powered by Snapdragon processors. Xiaomi phones with MediaTek chips under the hood are currently banned in India by court order.

With the media event taking place this coming Thursday, it won't be too long before we find out what Xiaomi has in mind. There are quite a number of U.S. smartphone fanatics hoping that the reports are all wrong and that Xiaomi is ready now to begin operating in the states.

source: IBTimes

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10 Comments

1. Oğuzhan_77

Posts: 112; Member since: Nov 18, 2013

Xiaomi coming Turkey. 2015 first half.

3. Guaire

Posts: 886; Member since: Oct 15, 2014

Not in the H1 2015. Probably not even H2 2015.

5. techperson211

Posts: 1280; Member since: Feb 27, 2014

Cause patent law suit awaits them. We all know how many they've infringe including Ericsson.

8. Oğuzhan_77

Posts: 112; Member since: Nov 18, 2013

E.x: meizu mx4 and m1 note selling now in turkey

9. Guaire

Posts: 886; Member since: Oct 15, 2014

Really you get the idea from there? According to Hugo Barra, Xiaomi will enter Brazil in the H1 2015. Also he stated their new expansion strategy, they will not quickly jump market to market anymore. They will focus growing on huge markets like India and Indonesia. That's all. Meizu M1 Note isn't selling Turkey yet, MX4 is out of stock.

2. Neros

Posts: 1016; Member since: Dec 19, 2014

I wonder why ;)...

4. sip1995

Posts: 1771; Member since: Feb 07, 2014

If they have same prices as the BIG oems.....then they might fail.

6. Martin_Cooper

Posts: 1774; Member since: Jul 30, 2013

How convenient, to start in Brazil and Russia. Both countries known for not giving much f**ks for patents and copyrights.

10. kurama.

Posts: 85; Member since: Sep 13, 2014

Good move USA is filled with bitches the moment they step in they would start suing them. Leave the us in the dark for once.

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