Xiaomi is known for providing awesome devices at a very budget-friendly price. They have one of the lowest profit margins (5%). The company debuted in India which is the world’s second-biggest mobile market in 2014.
The company was termed as “Apple of China” by many tech reviewers but slowly the company started gaining the trust of Indian people and the user base of the company started to get bigger and bigger.
Now after 6 years of its debut, Xiaomi has become the number 1 smartphone brand in India. The company holds 30% in the Indian mobile market (shipment wise). The Chinese giant has beaten Samsung for the last 11 consecutive quarters.
Manu Kumar Jain, the head of Xiaomi India has shared the information on Twitter. He tweeted and I Quote “No. 1️⃣ for 1️⃣1️⃣ quarters! “.
🏆 #1 for 11 quarters in a row
🚀 31.2% market share
🖥️ #1 Online brand for 14 quarters
⭕️ 45. 8% online share
📱 Redmi 8 series: best selling phones in India 🇮🇳
— Manu Kumar Jain (@manukumarjain) May 13, 2020
Xiaomi has not been so consistent in China but in India, the dominance of Xiaomi is still going strong.
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