Watch Xiaomi President Bin Lin talk about the company's plans

Xiaomi has quickly risen to a major player in the Asian smartphone market, besting Apple, Samsung and HUAWEI for the top spot in China last year. But there’s a lot more going on at the company than just low cost smartphones. Speaking with Re/code’s Walt Mossberg at the Connector event back in mid-March, Xiaomi president Bin Lin discusses everything Xiaomi and gives a few hints about what the company has planned for the future.

Plenty of topics are covered in the talk, from Xiaomi’s interest-paying wallet program to its ever extending product portfolio, all the way through to the company’s low cost business model and the changing nature of the Chinese smartphone market. The issue of why Xiaomi is keen on India and not so eager to leap into the US market is also addressed, it’s quite interesting stuff.

You can watch the full interview in the two videos below:

Xiaomi is certainly trying something different with its business model, but do you think that the company can continue its sharp rise all the way to the top? Or will something halt its progress?