Merry Xmas And Happy New Year In Advance To You All From Admin!!Click Here To Last longer In Bed[Stay amused>>>Donít be a one minute Foul]>>> Love need Tips-See how Here

Author Topic: Xiaomi set to dominate the smartphone market with Redmi's help  (Read 9826 times)

0 Members and 1 Guest are viewing this topic.


  • Sr. Member
  • ****
  • Posts: 250
    • View Profile

International markets are becoming increasingly more important to Xiaomi. And in an interview with Sina Tech, the CEO of Xiaomiís sub-brand Redmi, Lu Weibing, did nothing to hide this fact and openly detailed the companyís plans for global domination.

Over in India, as Weibing pointed out, Xiaomi and Redmi combined have led the smartphone market for the past seven quarters. They now apparently hold a 10% lead over second place Samsung, but through further investments, Xiaomi wants to take things to a whole new level by achieving a 50% market share.

The Chinese company and its sub-brand currently account for 29% of Indian shipments, so the goal is certainly an optimistic one. It isnít impossible, though. After all, seven of the top 10 best-selling smartphones in India recently were made by Xiaomi. Also, just a few weeks ago it was announced that over 2 million Redmi Note 7 units had been shipped in just two months.

Outside of Asia, Xiaomi and Redmi are also hoping to continue their expansion this year. In Europe, the company is a distant fourth behind Samsung, Apple, and Huawei, but through further Redmi investments it hopes to gradually close the gap. Also, in the hope of increasing shipments globally, 2019 will see Redmi launch in Latin America alongside East African, Central African, and West African markets. The company plans to continue its focus on e-commerce and value for money, meaning there will be no push for large profit margins.



Xiaomi executive leaked photo showing triple camera setup for Mi 9

Started by mobify

Replies: 0
Views: 12114
Last post February 04, 2019, 06:47:49 AM
by mobify
Xiaomi's new 100W charging tech will fully charge a phone in just 17 minutes

Started by techy

Replies: 0
Views: 13363
Last post March 27, 2019, 06:56:08 AM
by techy
Xiaomi's Mint Browser now requires less storage than most Android browsers

Started by techy

Replies: 0
Views: 9472
Last post December 24, 2018, 06:33:17 AM
by techy
Xiaomi Black Shark 2 gaming phone to be announced March 18

Started by gurutek

Replies: 0
Views: 9535
Last post March 08, 2019, 06:33:36 AM
by gurutek
Xiaomi Mi 10 screen protector images showing curved glass

Started by droid

Replies: 0
Views: 7435
Last post January 06, 2020, 08:09:07 AM
by droid