Xiaomi sold 14.98 million handsets in Q1 2016, more sales anticipated in the coming months

By April 20th, 2016 AT 4:44 PM

According to a China-based analyst who works for IHS Technology, Xiaomi has made impressive sales result in Q1 2016 by selling 14.98 million handsets worldwide. The figure is almost similar to last year sales of the same quarter. The analyst Kevin Wang expects more sales in the Q2 2016, reports Android Headlines.

Hugi Barra Xiaomi

Xiaomi has slightly missed its sales target of 80 million handsets last year as it managed to sell only 70 million units in 2015. Xiaomi intends to improve upon such results this year, and they’ve already introduced a couple of compelling devices.

Earlier this year, Xiaomi released Redmi 3 and Redmi Note 3. The company also launched the Mi 5, which went on sale through flash sale model. Devices such as Mi 5, Redmi Note 3 (India release), and the Redmi 3 Pro having hit the stores, and a few handsets like the Xiaomi Max and the Mi Note 2 in the offing, 2016 sales could turn out to be a fortune for Xiaomi mobiles.

Unlike the manufacturers like Huawei and Lenovo, Xiaomi products are limited in terms of availability, with China and India being the main markets. A huge jump in sales figure may happen when the company spreads out to other regions, especially emerging markets.

Moreover, Xiaomi has plans to establish up single-brand retail stores to sell Mi devices in India, the company’s biggest overseas market.

Read more on:

2
Leave a Reply

avatar
2 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
2 Comment authors
AbhinabaKiran Fernandes Recent comment authors
newest oldest most voted
Abhinaba
Abhinaba

What about their financial health ?

Kiran Fernandes
Kiran Fernandes

Now, they should make another handset similar to the redmi note 3, but instead, with 5000mAh battery, usb type C, fast charging, and probably snapdragon 652

Recent Posts

Nokia 9 PureView Spotted on Geekbench With Snapdragon 845 SoC and 6GB of RAM

HMD Global is all set to begin its 2019 journey. The company is all set to launch its first smartphone...

Airtel Achieves Average 4G Download Speed of 8.6 Mbps, Beats Jio by a Considerable Margin: Tutela

India State of Mobile Networks is an analysis by Tutela about the latest upgrades, coverage, network quality and other parameters...

Huawei Ready to Begin 5G Trials in India With Government’s Approval

Amid reports suggesting that Huawei may not get the government’s approval for 5G trials in India, Huawei India CEO Jay...