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Wireless

Xiaomi India's revenue to top USD 2 bln in 2017

Wednesday 20 December 2017 | 04:51 CET | News
Xiaomi India expects to achieve revenue of over USD 2 billion this calendar year. Xiaomi also expects to maintain this growth rate in 2018 too, with its offline expansion and product launches beyond smartphones, The Economic Times reports, citing managing director Manu Kumar Jain. "We are closing our books now, but pretty sure to exceed USD 2 billion this year. As far as market share's concerned, we have 50 percent share in online sales and 23.5 percent in overall market and we became number one last quarter. We are looking at leadership position in India for the long run," Jain said. 

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Categories: Mobile & Wireless
Companies: Samsung / Xiaomi
Countries: India
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