Xiaomi India has launched its most affordable 5G smartphone in India. The device comes with three different variants, 4GB+128GB, 6GB+128GB, and 8GB+256GB storage
Alongside, the Chinese electronics maker launched in India the Redmi Watch 3 Active and SonicBass Wireless Earphones 2
Offered in 43-inch, 50-inch, 55-inch, and 65-inch display sizes, the Xiaomi Smart TV X series boasts 4K UHD resolution with support for HDR10 and Dolby Vision
The Redmi 12 5G launch event will take place tomorrow in Delhi at 12 pm. The smartphone is backed by a 5000 mAH battery at a starting price of Rs 9,999
Smartphone maker Xiaomi is betting big on the Rs 10,000-15,000 device segment to regain its lost market share, a senior official of the company said on Friday. Xiaomi India, President, Muralikrishnan B said that the company has come up with a reset strategy and will focus to be "India's most loved and trusted smartphones" and IOT brand with "focus on efficiency and sustainability with a secure foundation." He said that Xiaomi will operate with a leaner product portfolio and focus on democratising 5G in the country. "Today most of the 5G devices that are being sold are above Rs 20,000. There is an increase in penetration in Rs 15,000-20,000 but mass of the market, the belly of the market is going to be in Rs 10,000-Rs 15,000 where there is a clear opportunity for Xiaomi to replicate what we did with 4G and recreate that 5G magic," Muralikrishnan said. According to Counterpoint Research, the Rs 10,000-Rs 20,000 price segment had recorded the steepest decline of 34 per cent on a ...
Chinese smartphone makers, including Oppo Mobile, Vivo India and Xiaomi Technology, have been found evading taxes worth Rs 9,000 crore in India, Parliament was informed on Friday. Data shared by the Minister of State for Electronics and IT Rajeev Chandrasekhar in Rajya Sabha showed tax evasion of around Rs 9,000 crore, comprising customs duty and GST, has been detected between 2018-19 and 2022-23. The government has recovered Rs 1,629.87 crore from the companies during the period. According to the data, Oppo Mobile India Pvt Ltd has been found evading Rs 5,086 crore in taxes which includes Rs 4,403 crore in customs duty and Rs 683 crore in the form of GST. Vivo has evaded taxes worth Rs 2,923.25 crore comprising Rs 2,875 crore in customs duty and Rs 48.25 crore in GST, according to the written reply by Chandrasekhar. Tax evasion of Rs 851.14 crore has been detected in the case of Xiaomi Technology India Pvt Ltd comprising Rs 682.51 crore in customs duty and Rs 168.63 crore in ...
But while 44% of India's smartphones sales are now online, the brick-and-mortar segment remains the bigger play and Xiaomi expects it to grow further
Move comes after govt's localisation push
Xiaomi completes nine years in India today by offering heavy discounts on the Xiaomi Anniversary Sale. The sale begins today and will conclude on July 10
The company has lost market share to similar, budget smartphone manufacturers from China which include Realme, Oppo, and Vivo
Chinese smartphone-maker firms have been asked to appoint Indian officials to posts such as chief executive officer, chief operating officer, chief financial officer, and chief technical officer
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According to the ED, the company started operations in India in 2014 and began remitting money in 2015. It has remitted money to three foreign entities, including one of its group units
The federal probe agency had seized Rs 5,551.27 crore worth of funds of Xiaomi Technology India Private Limited lying in its bank accounts under the FEMA for unauthorised remittance
Xiaomi 14 pro specification leaked, the new Xiaomi 14 will come with Qualcomm Snapdragon 8 Gen 3 processor and will also have 5000mAH battery backup with 90W/120W fast charging support.
India has been encouraging global companies to invest more in local manufacturing as a part of its efforts to become a powerhouse in the global electronics supply chain
Xiaomi India on Monday announced a partnership with Optiemus Electronics Limited (OEL) to manufacture its audio products in the country
Industry estimates say that more than 60 per cent of Xiaomi India's revenue comes from online sales
The Xiaomi Redmi A2 series smartphones will be available online on Amazon India and Xiaomi web portal at 12 pm
The Redmi A2 and A2+ are said to be made in India smartphones. Both the smartphones come with a 2-year extended warranty