Xiaomi Sold Over Two Million Smartphones In India During Q3 2016

Manu Jain, head of Xiaomi India, announced that the company sold over two million smartphones in the Indian market during the third quarter of 2016.

This two million number represents a year-on-year increase of 150%. In October 2016, Xiaomi says it sold over one million smartphones in India within 18 days.

Xiaomi’s CEO Lei Jun also said that the company sold 100,000 Hongmi Note 3 phones in the Indian market within six months. According to statistics from the market research firm IDC, Xiaomi has become the third largest smartphone manufacturer among the 30 major cities of India, with 8.4% market share.

Xiaomi’s fast growth in India is attributed to its offline retail channel expansion and cooperation with more retail websites. The Chinese smartphone maker is selling products via the three major retail websites in India, which are Flipkart, Amazon, and Snapdeal.

Xiaomi’s target customers in India are people who desire inexpensive smartphones, and low price is the selling point of its Hongmi series products.

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ChinaWirelessNews.com