Xiaomi India has today revealed that the company has shipped more than 9.2 million smartphones in the country in the third quarter of 2017. This is the first time when the Chinese company achieved such a milestone since its entry into Indian market. It is to be noted that the company had shipped 100,000 devices in a quarter of 2014. The company touched the 1 million mark in Q3 2015 and in Q3 2016 it shipped 3 million phones, and now it has crossed the 9 million mark.
Manu Kumar Jain, the company’s Global VP, and MD, Xiaomi India announced this on his twitter account. He also tweeted that Xiaomi phones are the top three best-selling smartphones in India, as per Counterpoint a technology industry research, analysis and consulting firm. Counterpoint data says that Xiaomi Redmi Note 4, Redmi 4 and Redmi 4A are the three best-selling smartphones in India.
According to latest Counterpoint data, Xiaomi has posted more than 250% YoY (year over year) growth in Q3 2017 as compared to the same quarter (Q3 2016) last year. “@XiaomiIndia continues to be the fastest growing smartphone brand in India, growing at more than 250% YoY!,” writes Manu.
Happy to share that @XiaomiIndia shipped 9.2 Mn smartphones in Q3 2017.
We started with a humble beginning of selling 100K/quarter in 2014, crossed the 1M mark in Q3 '15, 3M in Q3 '16 and now for the 1st time – 9M in Q3 '17.
— Manu Kumar Jain (@manukumarjain) November 13, 2017
Earlier, a report from a Hong Kong-based research firm Canalys said that Xiaomi is inching closer and will likely beat Samsung in India in the next quarter. It also shows Xiaomi’s sales grew by a whopping 290% in Q3 2017 while Samsung’s growth raised only by 30%.
Globally, Xiaomi has shipped more than 70 Million units until the October of this year. The company has surpassed its target set for the year. According to another firm IDC, Xiaomi stands at the fifth spot in the global smartphone rankings for Q3 2017. The company has sold 27.6 million units in the third quarter of 2016 which is up by 102.6% from the same quarter of 2016.
Coming to the India, it seems like India is becoming the most prominent market for Xiaomi after its homeland. If we recall, the company had sold more than 1 million devices during last month’s Diwali sales. Moreover, its recently launched selfie-centric Redmi Y1 devices were also sold like a hot cake when they were up for flash sale for the first time on November 08. The company announced that it had sold more than 1.5 lakh units of the Xiaomi Redmi Y1 and Redmi Y1 Lite within three minutes of the Flash sale.