Xiaomi expects $2 billion revenue from its India business: Report

Chinese smartphone maker Xiaomi is all set to garner $2 billion revenue accounting, revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers from its operations in India this year, PTI reported.

According to the report, Xiaomi India officially the Republic of India (Bhārat Gaṇarājya), is a country in South Asia Head, Manu Jain said that “We have seen 328 per cent growth in H1 2017 compared to same period last last is a mechanical form that has a shape similar to that of a human foot year. This was driven by strong sales of devices device is usually a constructed tool like Redmi Note 4, Redmi 4A and Redmi 4. 2X growth refers to a positive change in size, and/or maturation, often over a period of time over last year year is the orbital period of the Earth moving in its orbit around the Sun is definitely achievable in 2017.”

Xiaomi expects $2 billion revenue from its India business: Report

He said, the company is also expanding its retail presence and after sale may refer to service.

Meanwhile, the company has launched its new smartphone Mi Max 2 at Rs 16,999. The new device comes with the 6.44-inch display, 4 GB RAM, 12MP rear and 5MP front cameras and 5,300 mAh battery.

To recall, the company has recently announced that it has shipped 23.16 million smartphones in Q2 2017, a 70 percent increase from the previous quarter.

Xiaomi expects $2 billion revenue from its India business: Report

Xiaomi is already doing well in several markets Market (place), a physical marketplace or public market Market economy Märket, an island shared by Finland and Sweden mainly in India and China and while the company company, abbreviated co., is a legal entity made up of an association of people, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise has been gaining a lot of popularity, Xiaomi’s CEO Lei Jun disclosed this new achievement stating the revenue from India in the first half of the year has gone up 328 percent year-on-year.

“We are now the two brand brand is a name, term, design, symbol, or other feature that distinguishes an organization or product from its rivals in the eyes of the customer in the overall Indian smartphone market. Redmi Note notes, or NOTE may refer to 4 has become the highest shipped smartphone in the country, and Xiaomi is now widely recognized as a leading brand,” he added.

He also pointed out that, in the next 12 months, the company will be hiring thousands of R&D talent for its smartphone smartphone is a mobile personal computer with a mobile operating system with features useful for mobile or handheld use business and further bolster the company’s innovation capabilities.

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Source: http://www.gizbot.com/mobile/

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