Xiaomi Sold 61.1M Phones in 2014; Announces Redmi 2 Smartphone for USD 112

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Chinese smartphone manufacturer Xiaomi has announced a new version of its Redmi 1S smartphone called Redmi 2 for an amount of USD 112 (Roughly INR 7103). Currently, the firm has only released the Chinese price for Redmi 2 smartphone, it’s availability in another markets is still undisclosed.

It is powered by a Qualcomm Snapdragon 410 64-bit 1.2 GHz quad-core processor and supports 4G LTE with a 1GB RAM. It has 8GB flash memory and expandable upto 32GB

Also, Redmi 2 features dual-SIM slots, 4.7 inch IPS display with 1280×720 resolutiton. It will have 8 mega pixel rear camera, 2 mega pixel facing camera and its connectivity options include 4G LTE/3G, WiFi 802.11 b/g/n, Bluetooth 4.0, GPS and 3.5mm headset audio jack. The device packs a 2200 mAh Samsung Lithium polymer battery and will run Xiaomi’s MIUI 6 version of Android.

On Saturday, Xiaomi’s global vice president Hugo Barra announced via a Twitter post that the company had sold 61.1 million phone in 2014 and made a revenue of nearly USD 12 billion. Out of this 61.1 million, 1 million were sold in India in the 5 months since its launch.

The company has recently raised a funding of USD 1.1 billion at a valuation of USD 45 billion from a group of investors.

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