Xiaomi boss says company has grown 'too fast'

Chinese smartphone maker Xiaomi won't be saying how many smartphones it sold in the last year. The company typically spins out its blockbuster phone sales, which easily demonstrated its growth over the years. It sold 7.2 million phones back in 2012, but by 2014 it sold 61 million units. That incredible growth has stalled. Even last year, Xiaomi announced sales of "over 70 million" devices in 2015, which was short of the company's public target of 80 million — one that had already been shaved from 100 million.

Via: TechCrunch

Source: Facebook

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