Existing investors including Intel Capital, Bessemer Venture Partners and Rakesh Jhunjhunwala also participated. The company will also integrate Hungama’s services into its content platform. Hungama claims to have over 8,000 movies on its platform and 65 million users.
The Mi5 will be available in three variants. The high end model Mi 5 Pro will come with Snapdragon 820 processor, 4GB RAM and 128GB inbuilt storage. It is priced around Rs 28,000. The other models are priced at Rs 24,000 and Rs 20,000.
Xiaomi is under probe for allegedly using superlative adjectives for promoting products, which is against the new advertising laws passed by China. Law-enforcement staff found evidences on Xiaomi’s official website that allegedly used phrases like “the best”, “the most advanced”
MiUi 7 feels more like an iterative launch than previous MiUi versions. The biggest change is probably the integration of Opera’s Max technology in the OS which saves data. The photo gallery now supports facial recognition, Showtime is a feature that lets users set a 5 second looping video for each contact that will play when they call.
The Redmi Note 2 features a 5.5-inch FullHD display, is powered by a 2GHz MediaTek octa-crore processor. There’s 16GB of internal storage and is available in a 3G only and 4G variants. The Note 2 Prime features a faster processor and more RAM, but is otherwise identical. MiUi 7 is now based on Android 5.1 Lollipop and features new themes and features.
The Redmi 2 Prime will be assembled at Foxconn’s facility in Sri City in Andhra Pradesh. Currently, 100% of the components are imported from China, but the company is already looking at procuring packaging, chargers and batteries via local vendors. The operation of making smartphone in India went from drawing board to execution in just over 100 days.
The company is tying up with Redington, only of the largest mobile phone distributors in the country in order to help it distribute devices. Xiaomi will work on a commission based model to sell devices offline and its devices will initially be available across 1,000 – 1,500 stores in 15 south Indian cities. The roll-out will be phased, with the first phase expected to go live in the next 45-60 days.
Xiaomi has apparently teased what is possibly the launch of its MiUi 7 OS on August 13. The image posted shows the number ‘7’ followed by ‘8.13’ possibly teasing the launch of Xiaomi’s MiUi 7 software. Currently, no further details about Xiaomi’s MiUi 7 OS are available. Earlier rumours have speculated that the software will be launched this month.
Xiaomi’s market share for the quarter stood at 15.9%. Huawei moved into second position with an impressive 48% quarter-on-quarter growth. Apple, Samsung and Vivo made up the top 5. Vivo registered 250% year-on-year growth to get to the 4th spot. It should be noted that Apple’s flagship iPhone devices are now old, which could have led to decreased sales.
Users will be able to order a Mi Note by opening the Uber app and setting the slider to Xiaomi and hitting request. The map will show a bunch of orange coloured Uber cars equipped to deliver the Mi Note. Payments will be automatically charged on the credit card linked to Uber. Delivery of the device at the buyer’s location will take just a few minutes.
The device will go on sale on July 28 via a flash sale at 2 pm. Registrations for the sale of the 32GB Mi4i are open right now. The Mi4i retains the exact same specs as the device which was launched in April, save for the increased storage. Apart from the launch, the company is also offering MiCoupons worth 500 and free phone cases on purchase of other products.
Apple Watch shipments during Q2 2015 clocked in at 4.2 million units. Fitbit and Xiaomi which held the no.1 and 2 spots in the last quarter have been pushed down by Apple. The report comes at a time when several news reports have questioned the success of the Apple Watch. The sales figures for Fitbit and Xiaomi in Q2 aren’t know yet.
The teaser reads “Move 4 to double” and has the number ’16’ represented with matchsticks suggesting it has something to do with the storage of a device. The surprise device is expected to be the 32GB variant of the Mi4i. Hugo Barra had said that the company would launch a higher storage capacity version of the Mi4i as it was against offering microSD card slots on high-performance devices.
Hugo Barra said that Xiaomi was building a war chest of patents and laying the groundwork for its entry into the US market. While he did not specify a timeline, news of Xiaomi looking to enter more mature markets has been out there for sometime now. Xiaomi will build its own patent portfolio as well as tie up with companies such as Nokia, Qualcomm etc to gain access to their IP.
Xiaomi has dropped the price of its Redmi 2 smartphone by Rs 1,000 as it looks to keep up with newer devices from the competition. The device is now available for Rs 5,999 in grey and white variants. The device packs a Snapdragon 410 SoC, 4.7-inch HD display, Dual 4G SIM support and an 8MP primary camera.
The Redmi Note 4G is available on Flipkart, Snapdeal, Amazon as well as Mi.com. The move is in line with its philosophy of offering customers the biggest bang for their buck. The Redmi Note 4G comes packing a Snapdragon 400 processor, 5.5-inch HD display and a 3,100mAh battery.