Xioami, currently the world's third-largest smartphone maker, is now planning to raise about $1.5 billion in its fifth round of financing, media reports said.
Following the footsteps of Motorola, Chinese handset maker Xiaomi is also teaming up with e-Commerce major Flipkart to launch its handsets in India.
The online strategy cuts down on marketing and distribution costs, allowing Xiaomi to sell feature-rich phones at low prices.
Xiaomi, which sells its phones exclusively through e-commerce website Flipkart.com in India, is looking to find a foothold in a market that has at least 80 different phone companies fighting it out for market share.
The handset delivers on build quality, battery, design, ergonomics and a pretty decent display. The camera performance is not exactly ground breaking, but the price tag covers up for that slight blip, says Himanshu Juneja
The company is also looking to invest in Indian start-ups.
India's smartphone shipment grew by 11.5 per cent in the first quarter of calendar year (CY) 2024 on a year-on-year basis to 34 million units. This is the third consecutive quarter of growth in shipments, International Data Corporation's (IDC) Worldwide Quarterly Mobile Phone Tracker said.
Priced at Rs 13,999, the it comes with Qualcomm Snapdragon 800 processor and 2GB RAM.
Handset maker Xiaomi will set up a research and development unit in Bangalore, its first such facility outside of China, as it looks to beef up presence in the booming Indian smartphone market.
Chinese handset maker Xiaomi is expected to launch its latest 4G device Mi4 in the country later this month as it looks to strengthen its position in the booming Indian smartphone market.
Xiaomi Mi 4i is attractive but camera quality could have been better.
The news of Dixon Technologies (India)'s tie-up with HP in addition to its existing Lenovo and Acer partnerships has led to a 5 per cent stock uptick since the start of the week. Dixon can target roughly 60 per cent of India's addressable IT hardware market with these contracts. Dixon targets Rs 48,000 crore in revenue from IT hardware under the PLI scheme over the next six years.
Dixon Technologies' January-March quarter (Q4) results came in well below expectations, but the potential for signing up a new mobile client, and plans for backward integration into display manufacturing kept investors happy. Dixon's Q4FY24 revenue grew 52 per cent year-on-year (Y-o-Y) to Rs 4,660 crore, below Street consensus, due to weakness in consumer electronics (Rs 890 crore) and home appliances (Rs 294 crore) segments.
Himanshu Juneja takes a closer look to find out what the phablet from Xiaomi is all about.
The Mi Max 2 has a bit of many things, but fails to show perfection in any one department.
Manu Kumar Jain, India head, Xiaomi, tells Sangeeta Tanwar how the Chinese smartphone maker won over the Indian market.
Xiaomi, Lenovo and Micromax have launched low cost phones to attract consumers at large scale.
Chinese smartphone maker Xiaomi Inc has tied up with Taiwan's Foxconn to start assembling phones in India.
Priced at Rs 14,999, Xiaomi's Mi Max is hard to ignore.
Xiaomi easily broke their record from the same event last year.
Manu Kumar Jain, vice-president, Xiaomi, and managing director, Xiaomi India, shares his thoughts with Arnab Dutta on how the firm has put India on the forefront.
The Xiaomi Mi4 has a 5-inch IPS display and is powered by a 2.5 GHz quad-core Snapdragon 801 processor and has 3GB RAM.
It has 18.9 per cent share of the market, down from 22.6 per cent for the third quarter of 2018 while Xiaomi has 27.1 per cent share.
It's a good deal for those looking for stock Android experience without compromising.
The Redmi 3S boasts of a fantastic built quality, brilliant battery back up, and a pretty good display
Qualcomm launched its new affordable, India-designed chipset, the Snapdragon 4s Gen 2, on Tuesday. This chipset will enable mobile device makers to sell 5G smartphones operating on a standalone (SA) network for Rs 8,300 or less.
A few critical shortcomings and a possible pricing blunder on the 64 GB (Rs 23,999) capacity model might just take the wind out of the sales of Xiaomi's latest offering.
At Rs 24,999, the Xiaomi Mi 5 has a lot going as a flagship.
As Chinese gadget-maker Xiaomi, the world's third largest smartphone seller after Apple and Samsung, turns five today, it will seek to intensify its India push. But there are miles to go before it can claim true success in India, as a harrowing experience of one of its smartphone users suggests.
Khalid Anzar lists the pros and cons.
As competition for the smartphones market hots up, new players are making waves.
Dubbed as the 'fastest' smartphone in the world, Xiaomi has left no stone unturned to launch Mi 4, the successor to Mi 3 next year. But how is the Mi 4 different from Mi 3? Can these two along with a bouquet of smartphones launched by the Chinese company help it cross the 100 million mark next year?
The company may offer phones at around Rs 20,000, less than half the starting price of Apple handsets.
The strategy of selling the phone will remain the same.
This one's a flagship smartphone with no real competition.
With minimal advertising and superb viral trends the company has created a buzz like no other and Redmi 1s is definitely worth the wait.
The struggling smartphone maker has been slashing prices of its handsets in India -- Z30, Z10, Q5, 9320 and 9720 -- to drive sales due to competition from Android, iOS and Nokia's Windows Phone, which have been offering devices at affordable prices.
That makes it the best phone in Indian market for the price it's offered.
Despite the robust growth in this country, Apple's India share in its overall global sales remained modest -- constituting 1.5 per cent of its overall turnover of $389 billion in FY23.
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