Xiaomi launches Mi 3, its 1st smartphone in India priced at Rs 14,999

Jul 09 2014, 07:55 IST
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Xiaomi unveiled its first handset, Mi 3, for the fiercely competitive Indian smartphone market, priced at Rs 14,999. Xiaomi unveiled its first handset, Mi 3, for the fiercely competitive Indian smartphone market, priced at Rs 14,999.
SummaryXiaomi unveils its first handset, Mi 3, for fiercely competitive Indian smartphone market.

2014, 17.59 million smartphones were shipped into India as compared to 6.14 million in the same period of 2013.

Samsung was the market leader in the category with 35 per cent market share in Q1, followed by Micromax (15 per cent), Karbonn (10 per cent), LAVA (6 per cent) and Nokia (4 per cent).

Affordable smartphones, especially those priced in the sub-USD 200 category (Rs 12,000), are doing well in the Indian market.

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