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.
Tag - xiaomi
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.
FYI, Tech
Xiaomi Under Investigation In China For Using ‘Best’, ‘Most Advanced’ To Describe Its Products
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...
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...
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...
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...
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...
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...