Page 42 - Latest Updates on Xiaomi
Xiaomi is edging closer to toppling Samsung as India's smartphone king
Xiaomi is seeing rapid growth while Samsung has been largely stagnant, reports Tech in Asia
 "Xiaomi is edging closer to toppling Samsung as India's smartphone king")
Xiaomi overtakes Fitbit, Apple in global wearable market with 17% share
Strong demand for low-cost fitness bands in China and premium smartwatches in the US drove uptick
 "Xiaomi overtakes Fitbit, Apple in global wearable market with 17% share")
Xiaomi gains new $1-billion loan to drive retail push
The three-year syndicated loan comes as China's tech giants look to diversify their businesses
 "Xiaomi gains new $1-billion loan to drive retail push")
Xiaomi secures $1 bn loan to boost retail footprint, global expansion
Xiaomi is now present in over 40 countries and regions where it has leading market shares
 "Xiaomi secures $1 bn loan to boost retail footprint, global expansion")
Xiaomi to double India sales, eyes 30% from brick and mortar outlets
Xiaomi, which sells 90% of its handsets online, is eyeing 30% sales
 "Xiaomi to double India sales, eyes 30% from brick and mortar outlets")
Xiaomi eyes over $2 billion revenue from India business this year
Xiaomi had registered revenues of $1 billion last year
 "Xiaomi eyes over $2 billion revenue from India business this year")
Xiaomi goes old school to reclaim smartphone crown in China
Aims to build 1,000 Mi Homes by 2019 which will rake in envisioned $10 bn in sales by 2021
 "Xiaomi goes old school to reclaim smartphone crown in China")
Xiaomi open to more manufacturing in India
It is ramping up capacity in the second facility in Andhra Pradesh, run by Foxconn
 "Xiaomi open to more manufacturing in India")
Xiaomi to set up 100 MI Homes in 2 years
The company had recently launched its first store in Bengaluru
 "Xiaomi to set up 100 MI Homes in 2 years")
Now, get Xiaomi phones offline as 'Mi Home' stores expand to 4 more cities
Xiaomi unveiled its first 'Mi Home' in Bengaluru and will soon expand to 4 other cities in India
 "Now, get Xiaomi phones offline as 'Mi Home' stores expand to 4 more cities")
Xiaomi Redmi 3S becomes online bestseller, 4 mn smartphones sold since Aug
Launched in August 2016, the Rs 6,999 Redmi 3S changed the game in the sub-10k smartphone industry
 "Xiaomi Redmi 3S becomes online bestseller, 4 mn smartphones sold since Aug")
Xiaomi founder's Shunwei Capital invests $5 mn in Indian gaming startup
India overtook the US to become the world's second-largest smartphone market, reports Tech In Asia
 "Xiaomi founder's Shunwei Capital invests $5 mn in Indian gaming startup")
Indians prefer Xiaomi over Samsung, Apple: Report
Android buyers looking to upgrade their devices in 2017 list Xiaomi as their preferred brand
Xiaomi doesn't want to be next Apple: CEO
Says the company wants users to enjoy better products at an affordable price
 "Xiaomi doesn't want to be next Apple: CEO")
Xiaomi CEO Lei Jun calls supply biggest challenge in India
It sells 90% of its devices in India via its own e-commerce website & through Flipkart, Amazon
 "Xiaomi CEO Lei Jun calls supply biggest challenge in India")
Xiaomi founder meets PM Modi; Make in India commitment and selfies ensue
The firm has also said it will create 20,000 jobs in the country in the next 3 years
Xiaomi to create 20,000 jobs in India; founder briefs PM Modi on plans
Chinese smartphone giant aims to bring Mi Home stores to India; increase offline presence
Xiaomi aims to create 20,000 jobs in India
Xiaomi India has become number one selling smartphone brand in online market with 29% share
With two factories in place, Xiaomi makes 1 phone every second in India
In January, Xiaomi announced that it crossed the $1 bn revenue mark in India, reports Tech In Asia
 "With two factories in place, Xiaomi makes 1 phone every second in India")
Xiaomi to challenge Samsung's numero uno spot in mass segment
Starts second unit at Sri City, raises retail reach seven-fold; evaluating 2 new categories for 2017