Xiaomi News: 34.7 million smartphones sold, new CFO and new Brazil market


Xiaomi recently announced several news including that as of the first half of 2015 they've managed to sell 34.7 million smartphones. This has allowed them to maintain their ranking as China's top smartphone vendor in terms of market share for the fifth consecutive quarter. The Mi 2, Mi 3, RedmiRedmi Note, Mi 4 and Redmi 2 in particular have so far shipped over 10 million units each. In related news, they have also appointed former partner of international investment fund DST Shou Zi Chew as their new Chief Financial Officer (CFO). Other big name joins include former president of Qualcomm Greater China, Wang Xiang who became senior vice president of strategic cooperation at Xiaomi. Xiaomi have also announced their entry into new markets such as Brazil with their Redmi 2 smartphone going for as low as 499 BRL (RM599). No news yet of any other Xiaomi releases for Malaysia but stay tuned for more developments.

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