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Xiaomi Unveils Second Manufacturing Unit in India in Partnership With Foxconn

Reaffirming its commitment to 'Make in India' after logging $1 billion in revenue in the country last year, Chinese smartphone maker Xiaomi on Monday announced its second manufacturing unit in partnership with Taiwanese electronics major Foxconn in Andhra Pradesh. With the new manufacturing plant also at Sri City, in Andhra Pradesh, more than 95 percent of Xiaomi's smartphones sold in India will be manufactured in the country. Xiaomi will now have a combined production capacity of one phone per second during operational hours. "We are present in 20 markets globally but India tops in terms of volume and is also the fastest growing market for us. All eyes are on this market and we will continue to do what we are doing and provide great after sales service and experience for our users," Manu Jain, Vice President and Managing Director, Xiaomi India, told IANS. The company also launched Rs 5,999 Redmi 4A smartphone powered by Qualcomm Snapdragon 425 proc

Xiaomi to Set up Two Manufacturing Plants in India

Chinese smartphone maker Xiaomi has planned to set up two manufacturing plants in India and the company would be launching more devices in 2016. The president of Xiaomi has said he would be spending a lot of time in India analysing the market. "We believe it (China) will be a flat market, if not, even decline," said Bin Lin, co-founder and president at Xiaomi. "We talked to Foxconn about opening two new factories, they are in discussions with some of the provinces (states)," the 48-year-old former Microsoft and Google executive added. Headquartered in Beijing, China, Xiaomi is the world's fourth largest smartphone maker. Xiaomi designs, develops, and sells smartphones, mobile apps, and related consumer electronics.

Low-Cost Chinese Smartphone Brand Xiaomi Goes After The Wealthy

Chinese smartphone maker Xiaomi is changing its Internet sales model to boost growth in China and fend off competition from fast-rising rivals such as Huawei. Chief Executive   Lei Jun   said last week that the company would open as many as 300 retail outlets throughout China, as it explores retail channels. Although Lei didn’t reveal more details, the figure itself surprised many industry watchers because Xiaomi used to rely entirely on the online flash sales of bargain Android smartphones. The strategy, which helped the six-year-old startup became a sensation in China, no longer works well as competitors followed with similar   business   models and consumers opt for high-end products. It shipped more than 70 million smartphones last year, missing its own target of 80-100 million. Its China market share grew 14% to 14.9%, while Huawei’s share grew 52% to 14.3%.   Apple   AAPL +0.13%   Inc. also had 14.3% of the market, according to consultancy Counterpoint Research. A

Mi5‬ is coming to India!

Mi5 is coming to India! Packed with more than 10 tech breakthroughs, it's unimaginably fast and surprisingly light. Powered by Snapdragon 820 processor with an insane 142,084 AnTuTu score, Mi 5 features a 3D ceramic/glass body and fits a 5.15" display in a grip of a 5" device. Is this all you ever imagined, and more? Mi 5 key specifications: Snapdragon 820, up to 4GB RAM + 128GB UFS 2.0 600Mbps 4G + download speeds, VoLTE 3D ceramic/glass body, 129g lightweight 5.15"" 16 LED light display Front fingerprint sensor 16MP 4-axis OIS rear camera + 2µm-pixel 4MP front camera 3000mAh battery, Quick Charge 3.0 Dual 4G SIM (micro/micro), Dual Standby Full feature NFC MIUI based on Android M Mi5  improves on all aspects of Mi Note with an even slimmer, more comfortable grip. #Mi5 has a flat line and then a curve. From an engineering perspective, the biggest challenge was to create a single surface with the curved edges so that glass to me