Xiaomi is planning a big launch in the United States market that will take place before the end of next year. The China-based company has already reached markets outside of Asia and it believes the US market will be important. Hugo Barra, Xiaomi's global VP, announced the company's plan to offer phones in the US by the end of 2017.

Some of the company's products are fairly high-end smartphones and they're offered at relatively low prices, allowing them to compete with devices from a company like Samsung.