|Mr Lei's speech came ahead of the launch of a wide range of new Xiaomi devices, including the Mix 4 smartphone, its latest television, tablet computer and smart speaker. It also unveiled a 'CyberDog' four-legged robot, which it described as its "first foray into quadruped robotics for the open-source community and developers worldwide. (Photo by= Getty Images)
[Asia News = Reporter Reakkana] Chinese technology giant Xiaomi has said it plans to be the world's biggest smartphone maker within three years. BBC reported that the comments by the Beijing-based firm's boss come after it recently overtook Apple to become the second-largest mobile brand.
South Korea's Samsung Electronics currently holds the number one spot. Xiaomi's founder and chief executive Lei Jun was speaking before the launch of the company's new Mix 4 handset. Industry figures released last month showed that Xiaomi had for the first time overtaken US rival Apple as the world's second-biggest smartphone brand. Xiaomi accounted for almost 17% of the global handset market in the April to June quarter, topping Apple's 14.1%, according to research firm IDC. It also unveiled a 'CyberDog' four-legged robot, which it described as its "first foray into quadruped robotics for the open-source community and developers worldwide." The company invited robotics enthusiasts and "other like-minded Xiaomi Fans" to help develop the project.
Earlier this year, Xiaomi announced plans to invest $10bn (£7.2bn) over the next decade to develop electric vehicles. Meanwhile, for the same period, Samsung saw its market share shrink to 18.8% but held on to the number one position. Like several other major Chinese technology firms, Xiaomi was accused by Donald Trump's administration of being a threat to US national security.