After tasting success in rising markets like India and Southeast Asia and expanding into western Europe, Chinese telephone maker Xiaomi is all set to go into the US market as early as this year, the Wall Street Journal suggested.
"We've constantly been thinking about getting into america marketplace," Xiaomi Chairman Lei Jun turned into quoted as saying.
"We plan to begin entering the marketplace with the aid of cease 2018, or via early 2019," he added.
Xiaomi has grown exponentially in India, which lately overtook the US to end up the world's second-biggest telephone marketplace after China.
According to the International Data Corporation (IDC), Xiaomi shared the top slot with South Korea's Samsung in India, with a marketplace share of 23.5 percent, inside the 1/3 area of 2017.
In the fourth zone, Xiaomi emerged a clean leader with 26.8 percentage market percentage, with Samsung second at 24.2 percentage marketplace proportion.
For the complete 12 months, however, Samsung, with 24.7 percentage share, become the chief and Xiaomi with 20.Nine percent stood 2d.
But the Beijing-based totally telephone maker is rapid catching up.
Xiaomi already sells a number of products in the US, such as its Android TV set-pinnacle box, Mi TV, at Walmart locations across the u . S ., The Verge reported on Monday.
But its achievement in the US phone market will ultimately rely on providers and it'll also want to navigate capacity concerns from US intelligence officers, the report stated.