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Elevated Shipping of Xiaomi Handsets to Boost the Global Smartphone Market


Oct-2017 | Intense Research | Electricals & Electronics

Xiaomi, the Chinese smartphone maker, has set a new record of sales as it shipped 10 Million handsets all over the world. Lei Jun, the CEO of Xiaomi, shared the details via Chinese social media network Weibo. "We have good news to give: Over 10 Million Xiaomi smartphones were transported in September, marking the 1st time we have reached 10 Million units in our history in 1 Month! This indicates that our business has accomplished a new height," claimed Lei Jun in the blog post. Jun also claimed that the need of some handsets has done better and will need more supply.

The festive sales in India added to sales of Xiaomi a push since the firm states to have traded 1 Million smartphones in 2 Days. Xiaomi said to have been the leading trading brand in terms of handsets sales at the time of Big Billion Day Sale of Flipkart's. In India, Xiaomi also crossed the benchmark number of 25 Million smartphones that were shipped. In the 3 Years since Xiaomi made an entry in the Indian market it has turned out to be a huge player.

Rising digitalization and growing urbanization is the main reason behind the growth of the global smartphone market. Moreover, the rising awareness among the people regarding the advantages of owning a smart device can also be held responsible for towering the growth of the global tablet and smartphone market. In addition to this, the growing trend among the users to own a smartphone is also one of the major reasons that is responsible for up surging the global tablet and smartphone market. Further, more and more competitors are getting down in the market making the competition tougher than ever. In order to grab the top position, the competitors are rolling out different devices with extraordinary features. Hence, customers are getting different options for buying these devices; and this factor indirectly drives the Global tablet and smartphone market.

In contrast to this, even though many devices are available at affordable prices, most of the devices with desired features are out of the budget since they are associated with hefty cost.

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