Lei Jun, the serial entrepreneur who leads the phone maker, told The Wall Street Journal that the company — which is being linked with an IPO this year — plans to finally begin selling phones Stateside within the next twelve months.
...We plan to start entering the market by end 2018, or by early 2019,” Lei told the paper on the sidelines of the annual session of China’s legislature.
...That’s given the company the moment to go public, and Xiaomi is reported to be looking at an IPO in the second half of this year that would value it at as much as $100 billion.
NewsUrl: Xiaomi phones could finally go on sale in the US before the end of this year