Xiaomi was the second largest smartphone vendor in India in Q4 2016

Chinese smartphone giant Xiaomi is said to have become the second largest smartphone market as per IDC’s Q4 CY16 Quarterly smartphone tracker. The company has also announced that it sold more than three million units of Redmi 3S (including Redmi 3S, Redmi 3S Prime and Redmi 3S+) in less than six months. The Redmi 3S series is said to have contributed majorly to Xiaomi’s growth in the last quarter of 2016. IDC’s India Quarterly Smartphone Tracker suggests, “Xiaomi climbed up to 2nd place with 10.7 percent share in CY Q4 2016 against 3.3 percent share in the same period last year. Year-on-year shipments grew threefold while sequential growth was 15.3 percent in CY Q4 2016. Xiaomi also expanded its retail presence with the launch of an exclusive model for offline channels in CY Q4 2016.” Manu Jain, India MD, Xiaomi said, “Our great results in 2016 were made possible because of the love from our Mi Fans who have driven our success to new heights. We are committed to sustaining the momentum and will continue to launch amazing products here in India.” The company recently launched the Redmi Note 4 in India which is also said to be selling quite well.