Thursday, March 28, 2024

Xiaomi wants the market share crown in India

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xiaomi_logo_corporate_officeAccording to WSJ, popular Chinese manufacturer Xiamoi is hoping to drastically expand its influence in India over the next few years and ultimately become the top smartphone manufacturer in the country.

Xiamoi is gunning for number one in India. This may indeed be one of the company’s highest goals to date, but Xiaomi’s CEO Lei Jun is confident. Xiamoi is only a 5-year old company and what the they have been able to do in their homeland over the years is quite remarkable. Handsets such as the Mi 3, Redmi Note and Redmi 1S put the company on track in becoming a big contender in India. With new handsets such as the Redmi 2, Redmi 2 Prime, Mi 4i, Mi Pad, and Mi 4 coming to India this year, Xiamoi is very hopeful in expanding its Indian user base.

Results from last quarter satisfy Xiamoi a top 5 market-share position when it comes to smartphones sold in all of the world. Xiamoi plans to continue its mobile efforts and use a similar strategy moving forward. We’ll keep a close eye.

Source: WSJ

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