Xiaomi now top smartphone brand in India market for 4 years
New Delhi
24-November-2021

photo:IANS
Chinese smartphone brand Xiaomi has maintained No 1 position in
smartphone shipments in India for 16 consecutive quarters, the company
has announced.
According to the company, its revenue from overseas markets reached 40.9 billion Yuan during the third quarter of 2021, accounting for 52.4 per cent of total revenue.
"Despite the global shortage of key components, Xiaomi solidified its market position by optimising 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, despite the global shortage of key components, the Group's global smartphone shipments still reached 43.9 million.
"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.
Watch This TWL Video
Overall, in the third quarter of 2021, Xiaomi's total revenue amounted to 78.1 billion Yuan, representing an increase of 8.2 per cent 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.-IANS
More Headlines
Karnataka Withdraws CID Probe in Ranya Rao Gold Smuggling Case
New Kerala Guv Strikes Cordial Tone, Hosts CM Vijayan And FM Sitharaman In Delhi
Digital Payments Surge in India: 18,120 Crore Transactions in FY24-25
Weather Dept Predicts Heavy Rains In Several TN Districts
Chitra Subramaniam’s Book Boforsgate Exposes Arms Trade, Corruption, and Political Intrigue
Karnataka Withdraws CID Probe in Ranya Rao Gold Smuggling Case
New Kerala Guv Strikes Cordial Tone, Hosts CM Vijayan And FM Sitharaman In Delhi
Digital Payments Surge in India: 18,120 Crore Transactions in FY24-25
Weather Dept Predicts Heavy Rains In Several TN Districts
Chitra Subramaniam’s Book Boforsgate Exposes Arms Trade, Corruption, and Political Intrigue