Xiaomi Plans to set up R&D Centre in India

Chinese smartphone maker Xiaomi is planning to set up a R&D centre in Bangalore with a team of designers, product managers and software engineers, to build customizing devices for local consumers, reports ET. Currently, the company is working with skeletal staff led by India head of operations Manu Jain and is expected to launch its own call centre and customer care with the after-sales services team in Bangalore.

On Tuesday, it released the Red Mi 1s smartphone at a marked down price of INR 5,999 from INR 6,999, which will go live on September 2. Registrations had started yesterday at 6 pm.

According to a report by Strategy Analytics, China’s Acclaimed Xiaomi has become the fifth largest smartphone maker in the world. This year, the company sold had sold 26.1 million smartphones in the first half of 2014, 271% increase from its total sales last year.

See Also: China’s Xiaomi Becomes World’s 5th Largest Smartphone Manufacturer: Strategy Analytics

Till date, Xiaomi has launched three smartphones in India: The Mi3Redmi 1S and Redmi Note. Besides this, Xiaomi has launched its new flagship smartphone in China, the Mi 4 last month.

Also Read: Less than 10,000 Mi 3 Units Were Sold When Flipkart Went Out of Stock

Xiaomi had also unveiled its first wearable device, a fitness band for USD 13, including sensors for tracking various health metrics and can even act as an alarm clock.

Founded in April 2010 by CEO Lei Jun, Co-Founder & Vice President Hong Feng, Liu De, Huang Jiangji, Zhou Guangping, Li Wanqiang and Lin Bin. It is known for designing, developing and selling smartphones, mobile apps and other consumer items.

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The firm has sold over 17 million handsets in China and launched its products in Singapore in February this year. Currently, its portfolio includes devices like Mi 3, Redmi, Mi Wi-Fi and Mi Box, Mi 2S, Mi 1S, among others.

Till date, the company has raised four rounds of investment having total capital of USD 347 million. it is backed by 2 investors and had made investment in 3 companies including Xunlei, Westhouse and Pebbles interfaces.

Other Chinese firms are also selling its handsets in India include Huawei, ZTE, Lenovo, Gionee and Oppo.

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