Xiaomi has revealed that it has shipped 100 million smartphones in the Indian market within just five years of its operations in the country. Citing data from the market research firm IDC, the Chinese tech giant has revealed that it shipped that number of phones during the period starting Q3 2014 until July 2019. Notably, Xiaomi has been the leading the smartphone market in India for eight consecutive quarters (as per IDC), which has helped the brand to achieve this feat.
100 Mn smartphones in 5 years! ?@XiaomiIndia = Dream team. Team that sweats & celebrates together! ?
100M in 5 yrs:
? 38 /min
? 2 phones every 3 secs
— #MiFan Manu Kumar Jain (@manukumarjain) September 6, 2019
Xiaomi has revealed that Redmi A and Redmi Note series have been the most popular smartphones in its portfolio in India, which have contributed the most to the 100 million units. If you do the math, it works out to 38 phones per minute or two handsets every three seconds. Furthermore, the brand has announced that as reported by IDC, it claimed a market share of 28.31 percent in the second quarter of this year. The Redmi 6A and Redmi Note 7 Pro are the top two best-selling handsets in the industry during this period.
“It’s indeed a joyous occasion for us at Xiaomi India. It’s a testament to the love we have received from millions of Mi Fans since our inception. There have been brands who entered the market before us, yet are nowhere close to the astounding feat we have achieved”, Manu Jain, Vice President and Managing Director, Xiaomi India commented on the feat.
In addition, the brand has announced that its Mi Pay digital payments platform has achieved over 18 million users in a span of five months. Launched in February, Mi Pay allows you to send and receive money to friends, apart from allowing you to make various kinds of transactions like paying bills.