According to a Bloomberg report, the sales of the company’s Mi Power Bank battery pack for smartphones fell to less than half the expectations.

The smartphone maker sells at least three configurations of the Mi Power Bank on its website in China at prices ranging from about USD 7.90 to USD 21.

Recently, Xiaomi set a new Guinness World Record for mobile phone sales by selling 2.11 million handsets in a 12-hour flash sale held to celebrate its fifth anniversary.
    
In addition, the company said it sold 38,000 televisions, 200,000 fitness bands, and 247,000 of its brand new "smart" power strips -- a sign that it was gaining traction in its efforts to expand beyond its core business.

In 2014, Xiaomi sold 61 million smartphones and had revenue of 74.3 billion yuan, becoming the world's number three smartphone player and China's top smartphone brand, overtaking Apple and Samsung.
    
The company was valued at USD 45 billion in a December funding round that drew investors ranging from Singapore's sovereign wealth fund to a private capital firm backed by Alibaba Group co-founder Jack Ma.