Xiaomi is the Chinese Smartphone company which came in India on 2014. Now, this company is claiming that it is the 2nd largest vendor of selling smartphone devices in India mainly due to the sales in the last quarter of the year 2016. This is happened because of the sales of the Redmi 3S mobiles which almost sold over nearly 3 million in just the time of six months. This Redmi 3S was launch in the last year 2016.
According to the IDC report 2016, which give information about the mobile sales stated that Xiaomi is now jumped to second place and it has 10.7% shares in CY Q4 2016 while in same quater of 2015 it was 3.3% only. with the passage of small time, shipments of Xiaomi smartphones grew 3 times more because of sequential growth of 15.3% in CY Q4 2016.
Xiaomi, back from the start of the business in India has gone on to the top and become the highest earner in between online smartphone vendor in India. It is now making its way towards the overall market of smartphones. The company had launched the Redmi 3S+ and sequel of an offline-only variant of the popular Redmi 3S Prime. All of the Redmi 3S devices were sold in India are actually manufactured in the same country. The company now launched the Redmi Note 4 as well.
In the October-December 2016 quarter, Smartphone shipment in the India remained almost flat to 25.8 million units compared to the 2015 year, One research firm IDC said. “This is first time when none of the homegrown vendors were able to make their position in top 5. The decision of sticking with a 3G-heavy portfolio and prioritising the price game over product experience is working against the dominance of homegrown vendors,”
“This is the first time when none of the homegrown vendors were able to make their position in top 5. The decision of sticking with a 3G-heavy portfolio and prioritising the price game over product experience is working against the dominance of homegrown vendors,”
In the smartphone Indian market, China-based vendors are sharing up to 40 % as their shipment is doubled in the last year while on other hand Indian vendors only share 19% in the Indian market.