Xiaomi CEO: Redmi Note 2 on track to reach 10 million sales

Peter, 05 October, 2015

Xiaomi plans to sell 10 million phones this year and it's well on its way to doing just that with yet another best-seller to its name. The Xiaomi Redmi Note 2 could soon reach 10 million sales, says company founder and CEO Ley Jun.

In a Weibo post he explains that the initial investment was high buying all the equipment, ensuring product quality and consistency. But after that initial hurdle, manufacturing costs can be controlled much better.

That enabled the Redmi 2A Xiaomi's cheapest phone at $80 which along with the Redmi 2 has sold over 13 million phones. The Redmi 4c also benefits from the automated production line that has been two years in the making.

The Xiaomi Redmi Note 2 sold 2.15 million units internationally in its first month, following a sale of 1.5 million and 800K before that.

Source (in Chinese) | Via