Xiaomi Is Now India’s Second Largest Smartphone Vendor – Q4 ’16 – IDC

Xiaomi Redmi Note 3

With 10.7 percent market share, Xiaomi has now become the second largest smartphone vendor in India – a report from IDC suggests. The Chinese juggernaut said this via a tweet, along with this company also share that they have sold over 3 million units of Redmi 3S (Redmi 3S, Redmi 3S Prime and Redmi 3S+) in less than six months.

It’s a huge rise in market share considering the fact that in last quarter of 2015 company only managed to get 3.3 percent of share. 

Xiaomi has also topped the online smartphone market in the last quarter of 2016. This is the reason they have managed to climb up to the 2nd place.

Product is at the core of Xiaomi’s strategy, and a strong line-up of products with distinctive technological innovations has been critical in driving our India story. This has been supported with robust operational growth through improvements in our online and offline sales structure, hiring of key talent, expansion of our customer care and after-sales service, and increasing our manufacturing capacity. Our great results in 2016 were made possible because of the love from our Mi Fans who have driven our success to new heights. We are committed to sustaining the momentum and will continue to launch amazing products here in India.
– says Manu Jain, India MD, Xiaomi


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