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Mi Pay Launched in India, Xiaomi's UPI-Based Payments App

Tuesday, March 19, 2019, 2:57 PM

Mi Pay payments app has been launched in India. Xiaomi at the Redmi Go launch event on Tuesday the Unified Payments Interface(UPI) based payments app in the country. To company emphasised it has complied with data localisation requirements, and the Mi Pay app has been approved by the NPCI. ICICI Bank will function as the payment service provider for the Mi Pay app.
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China's Xiaomi unveils smartphone with 5G, for sale 'very soon'

Sunday, February 24, 2019, 9:24 PM

China's Xiaomi, world's fourth-largest smartphone maker, launched a smartphone on February-24 that will be able to take advantage of new and faster 5G mobile networks. Donovan Sung, Xiaomi's global head of products, said phone would come to market "very-soon". Samsung, which leads the market ahead of Huawei and Apple, launched a 5G phone on February-20 which it said would be available in early summer.
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Just 2 companies control 50% of India's smartphone market

Friday, February 15, 2019, 8:26 PM

The year 2018 ended with just two companies together controlling around 50 per cent share of the India smartphone market - Chinese smartphone maker Xiaomi and South Korean giant Samsung, according to latest data released by International Data Corporation (IDC). In 2017, Xiaomi had 20.9 per cent market share, compared to 24.7 per cent share of Samsung.

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