 "Two models of China's Xiaomi Mi phones are pictured during their launch in New Delhi. Photo: Reuters")
Xiaomi boss Lei Jun today talked in detail about the Chinese gadget maker’s year – but he studiously avoided revealing precisely how many phones it sold in 2016.
After missing its 2015 phone sales target and then being whacked by Huawei and a bunch of other rivals in its home nation last year, many analysts reckon Xiaomi’s China stumble will contribute to a big drop for its budget smartphones.
Billionaire serial entrepreneur Lei Jun described 2016 as a year of “excellent results” in an open letter.
“We end the year with greatly improved management and higher organisational efficiency. As an example, since we
