Interesting revelations Vice President Xiaomi Technology Hugo Barra has shared edition Reuters. The recent recognition of the ambitious producer LeEco smartphones lack of capital have led some experts to suggest that Xiaomi soon will face the same problem, especially looking at the negative trend in sales last smartphones brand .
Vice-President of Xiaomi said that the company no longer earn "a penny" in the production of smart phones and rely on other sources of income. First of all, the company expects the segment of "smart" home appliances, as well as revenue generated by proprietary software applications. According to Barra, Xiaomi may be let out on ten billion smartphones, but it did not earn. The company, in fact, gives them to customers at a price close to cost. In January at CES 2017 in Las Vegas Xiaomi promises to introduce a new product.
According to the vice-president of the Chinese company, Xiaomi is now no need of a public offering of shares or to borrow working capital.