Xiaomi entered the Indian smartphone market in 2014 with the Mi 3. The company, which had an online-only approach, soon partnered with offline retailers and also opened its standalone Mi Home Stores across India. Xiaomi consistently has had a market share of over 25 percent in India, making it the number one smartphone brand in the company. The dominance is such that it has remained number 1 since 2017. The company offers a wide variety of smartphones across different price points under its Redmi and Mi (now Xiaomi) branding. The company entered the ultra-premium segment in India in 2021 with the Mi 11 Ultra, which was the company’s first flagship smartphone in the country. Alongside smartphones, Xiaomi also sells smart TVs, AIoT products, etc. The company has maintained its number 1 position in the smart TV category for several quarters in India. Much like its smartphones, Xiaomi also assembles its smart TVs in India under the Make in India campaign. The company has partnered with several third-party supply chains to manufacture its products within the country. Xiaomi often claims that it launches products with an honest pricing. More
The successor to the Redmi K50 series is expected to debut in China sometime next month and could also drop in Indian markets sometime next year.
Xiaomi 13 series will include the Xiaomi 13 and Xiaomi 13 Pro. We could also see the Xiaomi Watch S2 and Buds 4 get a debut at the event.
Sales in the third quarter reached 70.17 billion yuan ($9.81 billion), down from 78.063 billion yuan the same quarter a year ago, slightly missing analyst expectations of 70.52 billion yuan.
The device has now been certified by the Bureau of Indian Standards, which is a must for launching the phone in India
A Poco smartphone with model number 22111317PI was recently spotted on India’s BIS certification website
The new concept Xiaomi 12S Ultra utilizes a dual 1-inch sensor design
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The Redmi Note 12 5G price is set at CNY 1,199 (Roughly Rs 13,700) for the base 4GB/128GB variant.
The company recently pulled its Mi Pay and Mi Credit apps in India from the local Play Store and its own app store, the report said.
The Redmi Note 12 Pro price is set at CNY 1,699 (Roughly Rs 19,350) for the base 6GB/128GB model. The Redmi Note 12 Pro+ 5G price is set at CNY 2,199 (Roughly Rs 25,100) for the 8GB/256GB.
Samsung retained the top spot in the market, followed by Apple and Xiaomi
At least one smartphone in the Redmi Note 12 series will feature industry-first 210W charging support
Smartphones from brands such as OnePlus, Xiaomi, Samsung and Realme are included as part of the deal
The Redmi Note 12 line-up will feature a MediaTek Dimensity 1080 SoC and a 50 MP triple-camera setup.
Xiaomi retains its top position with 9.2 million units shipped, with Samsung coming in second with 8.1 million units
The Weibo post also confirms that the Redmi Note 12 series will have ‘two major technologies’, one of which will be a first in the world.
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Earlier in April, the Indian government had seized Xiaomi's assets worth Rs 5,551.27 crore for allegedly violating FEMA rules and transferring money in the guise of royalty to three companies outside India.
In a petition filed on October 3, the company has challenged the September 29, 2022 order of the Foreign Exchange Management Act (FEMA) Competent Authority which confirmed the April 29 seizure order of the Enforcement Directorate (ED).
The smartphones can both charge using 120W HyperCharge technology which can top up both phones in 19 minutes
The Redmi Pad is priced at Rs 14,999 in India for the 3GB/64GB model. However, the tablet also comes in 4GB/128GB and 6GB/128GB configurations that will set you back Rs 17,999 and Rs 19,999, respectively.
Apart from discounted prices on mobile phones, Amazon is also offering a 10 percent discount using SBI cards, extra value exchange offers, and rewards worth up to Rs 2,500.
The ED, under the Foreign Exchange Management Act (FEMA), has approved an order of seizure of over Rs 5,551 crore worth of deposits of Chinese mobile phone manufacturer Xiaomi -- the highest amount frozen till date in India.
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