Xiaomi claims new record, sells over two million phones in 12 hours

Auto News - The Mi Fan Festival was held to mark the China's majors tech company's fifth anniversary on April 8. The grand festival recorded impressive sales record whereas company sold  not only two million smartphones, but also 38,000 televisions, 200,000 fitness bands and 247,000 power strips.

According to a report, it is being speculated that the commendable increase in sales of the company's other products indicates that in future company will bundle all its efforts to expand its customer base that will not be limited to its core products. Also, the company is experimenting its efficacy in the service market, mobile wallet.

A surge in sales of other products is an indication of Xiaomi's efforts to expand beyond its core business. Apart from wearables and other consumer devices, the company is also testing services, including a mobile wallet.

Source:   Tech News and Gadgets Reviews India

 

View here : Daily and Weekly Horoscope

 

View here: Fun Facts

New iPhones help Apple surpass Xiaomi in China's smartphone market

Tech News - According to consumer research firm Kantar Worldpanel, the latest number for smartphone sales in China has Apple’s market share rising to 27.6 percent from the 25 percent in from December to February, 2015.

Apple’s overall share increased 9.7 percentage points year-over-year, surpassing local brand Xiaomi for the first time.

According to Kantar, China’s top three smartphones in the last three months ending February were the iPhone 6, followed by Xiaomi’s Redmi Note and then Apple again with the iPhone 6 Plus.

Apple plans to roll out around 20 new China stores by 2016, likely located in glitzy locations and rubbing shoulders with outlets for luxury brands such as Chanel and Hermes International SCA (HRMS.PA).

For Apple, brick-and-mortar stores help it maintain a premium image, from the product to in-store service and even packaging, allowing the firm to charge far higher prices than rivals - vital to its enviable profit margins.

Past data showed Apple outsold all other smartphone makers in China by units shipped in October-December 2014, making it the country's top seller for the first time.

Source:  Auto News  and Gadgets Reviews India

 

View here : Daily and Weekly Horoscope

 

View here: Fun Facts