Xiaomi
Retail
Tapping into the Indian shopper's mindset
For quite some time now, the transformational growth of e-tailing globally and in India, has led to the death knell being sounded for offline, brick-and-mortar retailers. While it is resoundingly true that the online challenge has greatly impacted the...
Retail
Katrina to endorse 'Redmi Y series' in India
IANS -
Chinese smartphone maker Xiaomi on Thursday appointed actress Katrina Kaif as product endorser for its new 'Redmi Y series' in India.
The company also launched new smartphones -- 'Redmi Y1 Lite' at Rs 6,999 and 'Redmi Y1' at Rs 8,999...
International News
iPhone sales in China reach 11mn units
IANS -
Registering its best performance in China in two years, Apple's iPhone sales for the third quarter of 2017 hit 11 million units, up from eight million units sold during the third quarter last year.
"Apple's success in the third quarter...
Consumer Durables & IT
Xiaomi, Samsung now rule half of Indian smartphone market
IANS -
Samsung and Xiaomi together contributed to almost 45 per cent of the smartphone market in India in the third quarter of this year as the market grew 37 per cent (quarter on quarter) and 18 per cent (year on...
Retail
Flipkart confident to surpass Amazon in smartphone sales
SoftBank-backed Flipkart is confident of extending its lead over US-based rival Amazon in smartphones sales and expects 1 in 2 smartphones sold online during the festive season will be through its platform.
"We have been hovering around 2-2.5X of the...
Retail
Xiaomi secures US $1bn loan for global expansion
IANS -
Chinese smartphone manufacturer Xiaomi has secured a US $1 billion loan to expand its footprints globally and increase its retail opportunities, the company said on Friday.
The smartphone manufacturer has secured a three-year term US $1 billion syndicated loan agreement...
Retail
Xiaomi to clock over US $2 billion revenue from India operations this fiscal
Chinese handset maker Xiaomi is confident of clocking revenues in excess of $2 billion (over Rs12,800 crore) from its India operations this year, doubling its 2016 revenue.
According to a PTI report: The growth, according to Xiaomi’s India Head Manu...
Retail
Apple begins production of iPhone SE model in India
IANS -
In a bid to gain foothold in the fast-growing Indian smartphone market, Apple on Wednesday announced commencement of initial production of its popular iPhone SE model at its Bengaluru facility.
"We are beginning initial production of a small number of...
Retail
Xiaomi to open first Mi Home store in India, plans 100 more in 2 years
IANS -
In a bid to reach out to its customers directly, Chinese smartphone maker Xiaomi on Thursday unveiled its first offline store in India named "Mi Home".
Located at Phoenix Market City in Whitefield here, the store that showcases some of...
Retail
Indian wearable market clocks 2.5 mn units in 2016
IANS -
The wearable market in India observed a shipment of 2.5 million units in 2016 with Goqii and Xiaomi dominating the entry-level segment, International Data Corporation's (IDC) Worldwide Quarterly Wearable Device Tracker has said.
Total wearable shipments in the fourth quarter...
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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