Q3 Saw Xiaomi Selling Over One Million Phones In IndiaBy cheatmaster 08:19 Wed, 28 Jul 2021 Comments
Chinese smartphone manufacturer Xiaomi has announced that it srecent over a million phones last quarter in India, making Q3 the most successful quarter in terms of the company's growth in the country.
The Q3 tale looks even more successful when you see that the five-year-recent startup - which entered the Indian market in July last year - srecent a total of 3 million phones in its first year in the country. On average, the company's quarter-on-quarter sales have increased an impressive 45% since January, it was revealed.
India, being the world's third-largest smartphone market, is naturally vital to any multinational smartphone manufacturer, and Xiaomi is no exception. The company's first smartphone launch outside of its home country was in India (the Mi4i back in April this year), and it has also recently started manufacturing phones in the neighboring country.
The company, which has been valued at around $46 billion, is aiming to sell a total of 80-100 million smartphones this year.
Source | Via
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