Xiaomi records best ever quarter with 23.16 million smartphone shipments in the March-June period

According to a recent publication by a Taiwanese news outlet, Xiaomi has marked its best ever quarter in the March-June period this year, seeing a 70% increase in smartphone shipments from Q1. The company sold 23.16 million units in Q2 and, as per Lei Jun, Xiaomi’s CEO’s words, its aim is to hit a revenue of $14.7 billion (100 billion Yuan) by the end of this year.

Apparently, the company’s focus on physical retail sales, largely through its 123 Mi Home stores in China, seems to be working well, while it also plans to open a few more stores in the country in the next …


HMD Global to release new Nokia phones simultaneously in 120 markets in April-June period

With the MWC almost a month ago now, HMD Global has made a statement about possible release details for its Nokia 3, Nokia 5 and Nokia 6 models. A recent announcement holds that the company is allegedly looking at a simultaneous launch of the devices in 120 markets. Nonetheless, HMD’s highly ambitious plan may see slightly different dates in different parts of the world, but still within the April-June period. However, we are in the know that it’s unlikely to see the handsets hit shelves before the second half of Q2. A couple of days ago, Clove UK confirmed this, publishing …