With a current market share of 17.2%, Xiaomi is the fastest manufacturer of smartphones in India. Market share rose from 14% in 2017 to 17.2% in the second quarter of 2017. Sales increased both online and offline trade.
Samsung retained its leadership position with a marginal decline of 4 percent from the same period of last year. Samsung is already facing pressure from China-based vendors in the mid-tier segment and competition has intensified even more for the vendor as the online-focused vendors have started to strengthen their grip in the offline segment.
Xiaomi secured second place with a healthy 25 percent QoQ growth in Q22017. The vendor continues to expand its offline presence with the opening of Mi homes, Mi authorised stores and partnering with the key large format retail stores. This helped Xiaomi to triple its offline shipments in the second quarter of the year. Also, Xiaomi’s Redmi Note 4 with over 2 million shipments in Q22017 has become the highest shipped smartphone in a single quarter in the history of Indian smartphone.
Reports of such information certify the quality of the Xiaomi team in India. Congratulations! The smartphone market in India is an extremely complex and fast-growing market. Now trustworthy fans choose. The battle is not just an annual increase in smartphone sales. The hard one is just starting now. It is essential that these fans be kept as close as possible to the brand. Be assured that they made the best choice by choosing a Xiaomi smartphone.
Promotion Redmi Note 4 on all channels correlated with this sales report confirms that the Xiaomi India team knows their fans very well. I know what they have. I know what financial possibilities they have at an average level. I know how financially educated i am.
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