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Xiaomi shipped 9.2 million smartphones in Q3 2017: Manu Jain

Xiaomi shipped 9.2 million smartphones in Q3 2017: Manu Jain”

According to the report, Xiaomi has nearly tripled its shipments year-on-year and doubled quarter-on-quarter.

Xiaomi continues to be the fastest growing smartphone brand in India, growing at more than 250 percent YoY, he tweeted. The firm says that Galaxy J2, Galaxy J7 Nxt, and GalaxyJ7 Max were the key models that contributed to nearly 60 percent of Samsung's volume.

Vivo, on the other hand, slipped to the fourth position as its shipments have declined as compared to second quarter, while Oppo shipments increased by 40 percent sequentially and 81 percent from same period previous year. Last year, Xiaomi had sold 27.6 million units in the third quarter which is up by 102.6 percent.

He also quotes CounterPoint report and said that "Today the top 3 best-selling smartphones in India are all Xiaomi India phones, and our motto has always been to deliver high-quality innovative products at the affordable price!" IDC pointed out that Xiaomi's aggressive approach for pricing its smartphones made it a clear victor in selling devices on e-commerce retailers and direct Internet platform. But of late, it has penetrated in offline business through Large Format Retailer partners, Mi Preferred Partner stores and Mi Homes which has resulted in doubling of its offline sales in Q3. The announcement was made by Manu Kumar Jain, Vice President of Xiaomi and Managing Director Xiaomi India.

Both the companies now dominate the Indian smartphone market with each having 23.5 percent of market share. At the fifth position was Oppo which had its biggest sell-in quarter so far in India as vendor shipments increased by 40 percent sequentially and 81 percent from same period a year ago. The festival season in the country also meant that the Indian smartphone shipments accounted for 10 percent of the global smartphone shipments for the first time ever in a quarter.

He said that Xiaomi's offline expansion into India with right device portfolio helped the smartphone maker cement its position right after the market leader Samsung. Overall, in Q3 2017, a whopping 40 million smartphones were shipped, thereby registering a growth of 13 percent YoY and 32 percent QoQ. Talking about mobile phone shipments, over 80 million mobile phone shipments were recorded in the third quarter of 2017.



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