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.