Xiaomi expects to sell 10 million Redmi Note 2 smartphones by end of 2015
Xiaomi CEO Lei Jun has announced via Weibo that the Redmi Note 2 smartphone is the current bestseller in China where it retails for just 800 Yuan (~110 Euros). Considering that it also carries a 5.5-inch FHD display, the smartphone can almost be considered a steal.
We reported early last month that the Redmi Note 2 had sold over 2 million units in China. Now, Lei is expecting to reach 10 million by year's end.
When questioned how Xiaomi is able to offer the Redmi Note 2 at such a low price and how it intends to meet Holiday demand, Lei credited the company's ultra-modern and automated production plants that are able to operate around the clock. Thus, high production capacity is almost guaranteed for the Redmi Note 2 and possibly future Xiaomi devices as well.