Meeting with the worldwide demand for smartphones, seven entrepreneurs named-
“Lei Jun, Lin Bin, Dr Zhou Guangping, Liu De, Li Wanqiang, Wong Kong-Kat, Hong Feng” founded the emblem named Xiaomi on 6 April 2010 at Beijing, China. All of those gentlemen belong from a reputed returned ground. Also from this article, we will know about the cellphone and mobile price in Bangladesh.
How did the journey start?
According to the chief founding father of Xiaomi, the starting changed into now not smooth. At first, he and his crew have an issue of funding. So they determined to crew up with some tech establishments like Temasek Holdings, IDG Capital, Qiming Venture Partners and Qualcomm.
Before launching any product(telephones) they focused on the consumer interface (UI). And at the 12 months of the foundation, they effectively released their person interface named “MIUI”. In August 2011 they launched their first clever smartphone, named as Xiaomi Mi 1. At that point, Apple and Samsung had been dominating the clever cellphone enterprise. But the enterprise has been mesmerized by the response from the public.
In 12 months 2012, they launched the successor of Xiaomi Mi 1 smart cellphone knowns Xiaomi Mi 2.
And as like its predecessor, this becomes also a hugely successful product.
After then they never look backwards.
Current Market Situation
A gift market Xiaomi is the worlds 4th largest mobile phone producer. After selling 18.7 million clever telephones in 2013, the organization decided to amplify its market via out the arena. Despite being a newbie in the smart telephone industry, they succeed to seize a large marketplace. It's because of their commercial enterprise approach and providence. Unlike other brands, they need to reduce all the needless fee of manufacturing from all in their merchandise. As a result, all in their products offer precise price for cash. As according to the expansion software Xiaomi determined to set up their first headquarters out facet of china at Singapore in the year 2014. And as expectedly they receive a warm welcome from peoples of Singapore.
After Singapore, the enterprise additionally decided to amplify their business in Malaysia, Philippines, Indonesia, Brazil, Thailand and India in the equal year. But due to a few problems, they determined to close down all of the operations in Brazil within the yr 2016. Nevertheless, Xiaomi telephones had been selling like hot desserts. Specially Indian marketplace became most a hit for the business enterprise. In March 2016 Xiaomi launched Redmi be aware three in the Indian market. And its call for handed the organization's expectation. They sale reproduction of this same model within 2 months.
In August 2016 Solar Electro Bangladesh Limited obtained the dealership of Xiaomi and brings it to Bangladesh.
Gradually the opened their shops in different cities of Pakistan, Bangladesh, Spain and different European international locations. The authority declared they have a plan to go into the American market very quickly.
Products
Although Xiaomi started their adventure as a smart smartphone manufacturing enterprise. But thinking about the marketplace situation and public call for, they commenced fabricating other smart electronics. Today this brand has a spread of products like-
• Smart telephones
• Smartwatches
• Tablet computer systems
• Laptops
• Smart TVs
• Mobile cellphone
Sub-Brands
Xiaomi reportedly has five sub-manufacturers inclusive of Xiaomi, Redmi, Mito, Poco, Black Shark and Mito The product of every of sub-brand in extraordinary from each other. Each of them holds their class and role in the various market. Which helps the business enterprise to build an ecosystem. As a result, purchasers locate their preferred product from a wonderful brand.
Final Verdicts
Technology is growing constantly. With the passing of every 2d, it is evolving increasingly more. In this improvement method, Xiaomi might be one of the contributors. After receiving such sort of preliminary fulfilment the bottom has already been founded. Within this quick quantity of time after the foundation of the corporation, they are successful to reap customers faith with high-quality of product, the stability of the product, availability, sturdiness and most importantly the after-sales service. As a result, they have grown to be an ambitious competitor for many of the well set up businesses like Samsung, Huawei, Oppo, One plus and so forth. If they need to maintain their ground on this contemporary market state of affairs, keeping the first-class of the product would be the main key thing. And so long as they can provide the correct price for cash merchandise, their consumers won't allow them to down.
