Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Swapnil Bayern
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Xiaomi India Claims to Have Sold 1 Million Smartphones in 18 Days

% of readers think this story is Fact. Add your two cents.


Xiaomi’s business strategy of making smartphones with decent specifications and pricing them reasonably has worked really well in the value-conscious Indian market. The company was welcomed to India in 2014 with much fanfare, introducing the country to flash sales where phones went out of stock in seconds. Now, the Chinese company has announced that it has achieved yet another milestone in the country by selling 1 million smartphone units in just 18 days. To celebrate this feat CEO Lei Jun wrote an ‘open letter’ to thank Xiaomi Indian employees and fans.

In his letter, Jun lauded his employees’ hard work, and praised the efforts of Vice President of International Hugo Barra and Xiaomi’s India Head Manu Kumar Jain in furthering the Mi brand in India. Jun thanked the Mi India fans as well, and even highlighted some important milestones that Xiaomi has achieved since the past year.

In August last year, Jun says, Xiaomi became the first OEM to participate in the ‘Make in India’ initiative. Between July and August this year, Jun says Xiaomi became the top smartphone brand in the country according to IDC’s estimates. Furthermore, the company has managed to sell 2.3 million Redmi Note 3 devices in just six months, making it the best-selling device of Xiaomi.

“India is an extremely important market in Xiaomi’s globalisation strategy. It has become our largest market outside of mainland China. I am confident that with the sustained efforts of our entire Xiaomi family, we will be able to capture the largest market share in India within 3-5 years,” Jun said in his letter.

Just to recap, Xiaomi entered India in July 2014 with the launch of Mi 3 and partnered exclusively with Flipkart to sell the smartphone through flash sales. In one year, Xiaomi managed to launch its own website, app, and expanded its partnership to include Amazon and Snapdeal as sellers, as well as many other retail outlets like The Mobile Store and Airtel Store, before expanding its reach to offline retail channels. In April 2015, Xiaomi even launched the Mi 4i, its first smartphone exclusively made for the Indian audience.



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.