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Indian wearable market clocks 2.5 mn units in 2016

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...

Xiaomi CEO meets Modi, promises more jobs

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...

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...

What exactly is wrong with China's 'Apple' Xiaomi?

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...

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...

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,...

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...

Xiaomi working on bendable smartphone: Report

Joining the race to build a bendable smartphone, Chinese smartphone maker Xiaomi is reportedly working on its own version of such a device. According to Inquirer, Xiaomi's device made its public debut over the internet through a 30-second video posted...

Xiaomi sells 1 million phones sold in 18 days; to become top smartphone brand

Chinese firm Xiaomi sold a record one million smartphones in India in the first 18 days of October, its global chief executive Lei Jun has said, adding that it can become the country’s top smartphone brand within five years. “I...

China's Xiaomi to open 1,000 retail stores by 2020

Smartphone and media device maker Xiaomi, which has till now largely focused on an e-commerce strategy, now plans to venture into physical retail. On Sunday, Xiaomi Corp announced plans to open 1,000 stores in three to four years, instead of just...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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