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Showing posts with the label ECONOMY OF CHINA

Xiaomi announces Black Friday sale on its newest smartphone

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Chinese technology player Xiaomi on Friday announced Black Friday sale on "Redmi Note 6 Pro" -- just one day after its launch in India. The smartphone has been launched for Rs 13,999 for the 4GB+64GB and Rs 15,999 for the 6GB+64GB variants. As part of the sale, the device is available for Rs 12,999 for the 4GB + 64GB variant and Rs 14,999 for the 6GB + 64GB variant -- with a sale price drop of Rs 1,000 respectively -- only today, the company said in a statement. The sale is valid on Flipkart , Mi Homes and Xiaomi 's official website. Launched on Thursday, "Redmi Note 6 Pro" comes with a 6.26-inch FHD+ IPS display, 20MP+2MP AI dual camera on the front and a 12MP+5MP AI dual camera setup on the rear. The smartphone is powered by Qualcomm Snapdragon 636 octa-core processor and fuelled by a 4000mAh battery with support for Qualcomm "Quick Charge" 3.0. Read Complete Article Business Standard

Xiaomi opens 500 stores in one day in rural India, creates Guinness record

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Chinese electronics major Xiaomi on Tuesday announced it has opened a record 500 retail stores in rural parts of India. Called Mi Stores and opened on October 29, these are similar to the bigger " Mi Home " stores currently operational in metro cities. "The company created a Guinness record for opening the maximum number of stores in one single day. Xiaomi plans to open 5,000 Mi Stores by the end of 2019 that will create nearly 15,000 jobs," Manu Kumar Jain, Vice President, Xiaomi Global and Managing Director, Xiaomi India, told reporters here. "This new business will forever change rural retail in India," he added. Started with the online-only strategy, Xiaomi is fast expanding its presence in offline retail as well. In September, the company launched its fourth flagship "Mi Home" experience store in the country, in Bengaluru, along with a new office. With the purpose of strengthening its offline network further, Xiao