During the four years of its existence Xiaomi company has become the third largest producer of smartphones in the world, although recent data suggest a superiority of Huawei . Chinese manufacturer has not lost his ambition, and after five years, promises to be the largest producer of smartphones, without resorting to a public offering of shares as a way to raise funds for development. By the way, this private company 77.8% owned by the founder and CEO Leyu Jun , the rest of the package is divided between smaller shareholders.
As reported by Reuters, strong growth given the price Xiaomi very modest profitability - for all of last year the company earned a net profit of just $ 56 million. The rate of operating profit at the same time does not exceed 1.8%. For comparison, Samsung in the past year operating margin was 18.7%, while Apple and all boasted operating margin of 28.7%. Moreover, the pace of expansion in the global market, the company has been forced to reconsider .
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