Xiaomi Has Now Top Smartphone Brand in the Indian Market for 4 Years

Must Read

The company announced that Chinese smartphone brand Xiaomi has maintained the No 1 position in smartphone shipments in India for 16 consecutive quarters.

Xiaomi maintained its lead in India’s third quarter (Q3) this year, shipping 11.2 million units for a 24 percent share.

According to the company, its revenue from overseas markets reached 40.9 billion Yuan during the third quarter of 2021, accounting for 52.4 percent of total revenue.

Also Read

“Despite the global shortage of key components, Xiaomi solidified its market position by optimizing global market resource allocation and reinforcing its channels in accordance with local market conditions,” the company said while announcing its Q3 results late on Tuesday.

According to Canalys, Xiaomi’s market share of smartphone shipments in the third quarter ranked No 1 in 11 countries and regions and among the top five in 59 countries and regions globally.

In the third quarter of 2021, the Group’s global smartphone shipments still reached 43.9 million despite the global shortage of key components.

“For many of its new smartphones launched this year, over half of the users are new Xiaomi users. Xiaomi introduced the brand-new Xiaomi Civi Series in September 2021 and was well received by users,” it informed.

Overall, in the third quarter of 2021, Xiaomi’s total revenue amounted to 78.1 billion Yuan, representing an increase of 8.2 percent year over year.

Meanwhile, Xiaomi’s global MIUI 30-day active user base has exceeded 500 million as of November 22.

“During the third quarter of 2021, we continue to strengthen our core ‘Smartphone × AIoT’ strategy and advance in the premium smartphone market. We ranked 1st in terms of smartphone shipments in 11 countries and regions,” said Xiaomi Corporation.

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

- Advertisement -
- Advertisement -

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

Latest

- Advertisement -

Related

- Advertisement -
- Advertisement -