Xiaomi and what is the company’s sales forecast for 2021

2020 became one of the most successful in Xiaomi’s history as the company managed to replace Apple in the third quarter of the year and become the third largest smartphone manufacturer in the world.

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The combination of pandemic circumstances, a collapse in Huawei sales and Apple’s delayed flagships were the main reasons for the Chinese company’s remarkable progress.

Judging by a recent report from the Nikkei Asian Review, the company is looking boldly at the top spot that currently belongs to Samsung and will do everything it can to reach it by 2021.

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Sources close to the company reveal that Xiaomi is considering ordering components for up to 240 million smartphones by 2021, which is nearly double the number of sales the brand made in 2019.

According to some sources, there are parts orders for the production of up to 300 million devices, which is two million more than all devices sold by Samsung in 2019.

However, Nikkei reports that Xiaomi partners Qualcomm and MediaTek are unlikely to be able to provide such a large number of components. Another problem could be pandemic stocks affecting a number of industries.

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Source: Qualcomm

However, the difference in Xioami’s plans and the capabilities of Qualcomm and MediaTek could be filled by Samsung and its Exynos chips.

If Xiaomi continues to hit its lower target of 240 million devices, analysts predict the company will gain a solid lead over Apple and sit comfortably in third place.

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Huawei’s problems may deepen and this will allow Xiaomi to reach second place in the world of smartphones, the Android Authority writes.

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