Xiaomi recently announced that with a 33% gain in sales, it sold 34.7 million smartphones in the first half of this year. Now this might sound positive, but for a company that set out to sell 100 million phones in 2015, it could be worrisome. According to a chart presented by Quartz, Xiaomi’s sales have been seen to be sequentially flatlined. It is especially surprising since Xiaomi recently entered new markets like India and Brazil. Read More
Ironically, Xiaomi, considered the king of copycats for copying Apple’s design and marketing is now furious because other companies have started to copy it. Xiaomi’s CEO is mad because there are many fake products out there that are eating away on Xiaomi’s sales.
CEO Lei Jun commented on lower than expected sales of the new Xiaomi Power Bank battery pack – “What is the biggest problem? There are many fakes. If there were no counterfeits, our sales would be double or triple. The product has been recognized by everyone.”
Xiaomi’s sales have already surpassed Apple and Samsung clocking in profits at $45 billion. The company started only back in 2010. Apple should be the one complaining here as Xiaomi expects to report $19 billion in sales this year alone.
The Apple of China or to say a company that copies Apple in every form and is highly popular in China, Xiaomi has been banned from selling phones in India. Due to a patent infringement issue, the Delhi High Court has asked Xiaomi and its retail partner – Flipkart to stop selling the device in India until February 5th. The patent infringement case against Xiaomi has been filed by Ericsson and until the issue is cleared, Xiaomi cannot sell its cheap iPhone like devices in the country. Read More
Blooming Chinese manufacturer Xiaomi have recently been quite popular in India, with phones that satisfy customers’ needs at a substantially low price tag, and the Redmi 1S is the same, costing only $99 (6,000 Indian Rupees). The device was available for pre-registration a few days ago and finally hit the market yesterday, selling out in a little over 4 Seconds with 40,000 units sold. Read More
With hundreds of thousands of people purchasing devices online, and companies like Xiaomi selling out their stock within seconds, it is no secret that it becomes very difficult to snap up that one phone you wanted. Enter, BuyHatke. BuyHatke is a Bangalore-based startup and offers price comparisons and information on products you might want to buy. What it also does is run as an extension to Google Chrome, working with FlipKart, Amazon, and over 70 other online sellers. Read More
The long-awaited Xiaomi Redmi 1S could be up for pre-registration tomorrow, costing a shockingly low $136 (6,999 Indian Rupees). Read More