Xiaomi shipped 23.16 Million Smartphones in Q2, up by 70%

07-07-2017 Haider Ali Khan

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Xiaomi shipped 23.16 Million Smartphones in Q2, up by 70%

Xiaomi, one of the leading mobile sellers in the country has shipped 23.16 million smartphones into India in the second quarter of 2017 (Q2, 2017). The Chinese company registered a growth of nearly 70 percent from the previous quarter.

Xiaomi founder and CEO Lei Jun announced, “We shipped 23.16 million smartphones in Q2 2017, an increase of 70% from the previous quarter, marking a record high for Xiaomi’s quarterly smartphone shipments. This achievement signifies a major inflection point in our growth — after two years of internal recalibration, Xiaomi is once again embarking on a rapid growth trajectory.”

He said that relentlessly pursuing technological innovation, striving for operational excellence with users at core, upgrading into a new retail model, successfully integrating online and offline retail and explosive growth in our global business as a result of three years of investments have been the reasons behind this feat.

Xiaomi India’s revenue in the first half of the year is up 328% year-on-year and is currently the #2 brand in the overall Indian smartphone market. Redmi Note 4 has become the highest shipped smartphone in the country.

“In the next 12 months, we will need to hire thousands of R&D talent for our smartphone business and further bolster our innovation capabilities,” said Jun.

The company has also set a revenue goal of RMB 100 billion for itself and also to ship 100 million smartphones in 2018.

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Haider Ali Khan

Haider is an active writer in technology who loves to dwell deeper into new innovations. He holds a degree in English Journalism from the prestigious Indian Institu...

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