Xiaomi Leads India Smart TV Market With 33 Percent Share in Q3 2019
Xiaomi Leads India Smart TV Market With 33 Percent Share in Q3 2019 6o1l1u
Xiaomi declared its leadership in the Smart TV market on the basis of IDC's Smart Home Tracker report. 1z1s57
By Indo-Asian News Service | Updated: 12 December 2019 08:54 IST
More than 85 percent of Mi TVs sold in India are made in the country, according to Xiaomi bk4
Highlights
Xiaomi on Wednesday announced its leadership in the smart TV segment
Mi TV has maintained leadership for six consecutive quarters: Xiaomi
It has seen a quarter-on-quarter growth of 46 percent, said the company
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With a 33 percent market share in India, Chinese handset and TV maker Xiaomi on Wednesday announced its leadership in the smart TV segment in the third quarter of 2019, quoting International Data Corporation's (IDC) latest report. According to IDC's Worldwide Quarterly Smart Home Device Tracker, Q3 2019, Mi TV has maintained market leadership for six consecutive quarters and has seen a quarter-on-quarter (QoQ) growth of 46 percent and year-on-year (YoY) growth of 69 percent.
"Our TVs have always upheld the core philosophy of providing a content-first and consistent experience with a focus on India. Its PatchWall 2.0 provides over 7 lakh hours of content in 16+ languages, 18+ content partners, and live news," Raghu Reddy, Head-Categories and Online Sales, Xiaomi India, said.
According to Xiaomi, Mi TVs are available across 70+ Mi Homes, 20+ Mi Studios, 2,500+ Mi Stores, and several Mi Preferred Partner outlets.
2019 was a great year:
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???? Record sales (6L in Diwali)@MiTVIndia = approx. Samsung, LG & Sony combined!✌️#Xiaomi ❤️ pic.twitter.com/SQhlfCH3Q4
Also, more than 85 percent of Mi TVs sold in India are made in the country with a focus on bringing more component assembly to the country.
Mi TV 4X vs Vu Cinema TV: Which is the best budget TV in India right now? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts or RSS, the episode, or just hit the play button below.