The fact that other smartphone manufacturers like Xiaomi, who previously were Online exclusive, are now entering the offline market, may have contributed towards this decline in the sales of Oppo and Vivo. Xiaomi claims to have sold more than 5 Million units of the Redmi Note 4 smartphone till date, with high chances of disrupting the sales of its competitors in the segment.
Xiaomi Redmi Note 4 will be up for grabs in yet another flash sale on Flipkart and Mi.com at 12 pm on Wednesday.
The Mi Fan Festival is offering great deals on a wide range of Xiaomi’s products. Flash sale, cash backs, cheaper rates are some of the exciting offers for gadget lovers to enjoy.
The numbers will please the $45 billion start-up after it faced a tough year in 2016. It has seen growth slow in its domestic market and is gearing up to losing Hugo Barra, the executive they poached from Google in 2013, who heads up Xiaomi's international expansion.
The company, which crossed the USD 1 billion revenue mark in India last year, also launched Redmi Note 4 smartphone starting at Rs 9,999.
The company is banking on its success of RedMi Note 3 in Indian market in 2016