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Etymologies
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Examples
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Xiaomi's Lin said the company is working on a "next- generation handset" to follow the success of its first device.
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In less than two years, Xiaomi has grown to more than 500 employees, Lin said.
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"I'd probably have been one of them throwing eggs and saying I want a 4S" if he wasn't busy building Xiaomi, he said.
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The company's name derives from Xiaomi's focus on software and applications for the mobile Internet, the English-language abbreviation for which is the same as the Chinese word for rice, mi.
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To expand its handset business and win share from companies like Apple or Samsung, Xiaomi will have to overcome the current weakness of its limited range of products, said analysts including Wang Ying at Analysys International and Gartner's Sandy Shen.
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A Chinese-language biography of Apple co-founder Steve Jobs is one of the first things a visitor sees on the coffee table of Lin's office at Xiaomi.
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That's an opportunity for many companies, and Xiaomi as well.
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Lin said that before founding Xiaomi he was an early adopter of Apple products and bought two iPads, two iPhones and two iPad 2s as each product was released.
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Feb. 16 Bloomberg -- Xiaomi Corp., a Chinese smartphone vendor that counts Singapore's Temasek Holdings Pte as an investor, is ready to post losses for years as it battles Apple Inc. to attract high-end users to its software.
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Xiaomi will today start offering a phone for China Telecom Corp.'s network, which Apple has yet to do.
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