Xiaomi takes aim at Apple after big increase in sales

Chinese smartphone manufacturer Xiaomi Corp said on Tuesday it sold 7.03 million Xiaomi mobile phones in the first half of this year and realized unaudited revenue of 13.3 billion yuan ($2.16 billion) during the same period.

According to a news release sent to China Daily, Xiaomi disclosed that its half-year revenue in 2013 exceeded the company's 12.6 billion yuan revenue from all of 2012 but it did not reveal the profitability ratio.

The company is on track to reach its annual goal of selling 15 million Xiaomi smartphones by the end of the year, according to officials from Xiaomi's public relations department on Tuesday.