Xiaomi Company failed to achieve the planned shipments volume of its smartphones in 2015. According to official figures, last year the Chinese producers managed to sell more than 70 million smartphones, while it is expected to sell 80 million units.
According to the publication, Xiaomi initially planned to made in 2015 100 million smartphones, but then lowered its forecast to 80 million due to increased competition and the weakest growth performance of China's economy over the past 15 years.
In his address to the staff Xiaomi CEO Lei Jun noted that the past year has been extremely difficult for them, but because the main task of the company for 2016 is to once again become successful.
As for Huawei company , it set last year, more than 100 million smartphones, increasing its presence in Europe and the United States despite the downturn in the industry.