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:

Leave a Reply

Photo and Image Files
2 Comment threads
0 Thread replies
Most reacted comment
Hottest comment thread
2 Comment authors
AbhinabaKiran Fernandes Recent comment authors
newest oldest most voted

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

Will Airtel Digital TV and Dish TV Merger Challenge the Position of Reliance Jio GigaTV?

After the introduction of the revamped tariff regime, the DTH industry has become competitive too. Similar to the telecom industry,...

Which DTH Operator is the Better Option for Consumers Right Now?

After the new Trai mandate came into effect, customers are confused about which operator they should choose. Every DTH operator...

Reliance Jio GigaFiber Trials Reach Final Stages, ARPU of the Telco Falls to Rs 122 During Q1 FY20

Reliance Jio Infocomm, which is now the second-largest telecom operator in India, today posted its results of Q1 FY20. During...