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Xiaomi to clock over US $2 billion revenue from India operations this fiscal
Chinese handset maker Xiaomi is confident of clocking revenues in excess of $2 billion (over Rs12,800 crore) from its India operations this year, doubling its 2016 revenue.
According to a PTI report: The growth, according to Xiaomi’s India Head Manu...
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Apple begins production of iPhone SE model in India
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In a bid to gain foothold in the fast-growing Indian smartphone market, Apple on Wednesday announced commencement of initial production of its popular iPhone SE model at its Bengaluru facility.
"We are beginning initial production of a small number of...
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Xiaomi to open first Mi Home store in India, plans 100 more in 2 years
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In a bid to reach out to its customers directly, Chinese smartphone maker Xiaomi on Thursday unveiled its first offline store in India named "Mi Home".
Located at Phoenix Market City in Whitefield here, the store that showcases some of...
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Indian wearable market clocks 2.5 mn units in 2016
IANS -
The wearable market in India observed a shipment of 2.5 million units in 2016 with Goqii and Xiaomi dominating the entry-level segment, International Data Corporation's (IDC) Worldwide Quarterly Wearable Device Tracker has said.
Total wearable shipments in the fourth quarter...
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Xiaomi CEO meets Modi, promises more jobs
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Chinese technology company Xiaomi's founder and CEO Lei Jun met Prime Minister Narendra Modi on Tuesday and said the company was committed to creating more jobs in India.
The chairman of the Chinese tech giant told Modi how smartphones are...
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Xiaomi's India Head Manu Kumar Jain elevated as Global VP
Chinese handset maker Xiaomi has elevated its India Head Manu Kumar Jain to a global role as its Vice President.
According to a PTI report: The appointment comes weeks after another Global Vice President Hugo Barra quit the firm to...
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What exactly is wrong with China's 'Apple' Xiaomi?
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Although it crossed US $1 billion in revenue in 2016 within the first two years of its operations in India, Xiaomi -- once touted as the "Apple" of China -- has slipped to fourth spot back home as the...
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Xiaomi likely to soon procure single-brand retail license
Chinese mobile handset manufacturer Xiaomi is likely to soon procure licence to operate its own branded outlets in India, as part of its effort to increase its offline distribution in coming years, company's top executive said.
According to a PTI...
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Flipkart's new record: Sells 2 lakh Redmi Note 4 phones in first few minutes of sale
Flipkart claims it set a record of sorts of Monday selling two lakh units of the Redmi Note 4 within a few minutes of the sale being launched on the website.
The sale drew a phenomenal response from customers in India,...
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Govt not in favour of special concessions to Apple to set up India plant
According to news agency PTI, the Commerce and Industry ministry is not in favour of extending concessions to US-based iPhone maker Apple for setting up manufacturing unit in India as no other firm has asked for any incentive, Government...
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Ambani unveils growth roadmap for Reliance, co to double in size by 2030
The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...
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