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Xiaomi expects to sell 10 million Redmi Note 2 smartphones by end of 2015

Xiaomi expects to sell 10 million Redmi Note 2 smartphones by end of 2015
Xiaomi expects to sell 10 million Redmi Note 2 smartphones by end of 2015
The Chinese manufacturer had already sold more than 2 million in its first month and cites its automated production plants for keeping prices low.

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.

The Chinese company recently revealed the Mi 4C smartphone and is expected to launch its first laptops by early 2016.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2015 10 > Xiaomi expects to sell 10 million Redmi Note 2 smartphones by end of 2015
Ronald Tiefenthäler/ Allen Ngo, 2015-10- 7 (Update: 2015-10- 7)
Allen Ngo
Allen Ngo - US Editor in Chief
After graduating with a B.S. in environmental hydrodynamics from the University of California, I studied reactor physics to become licensed by the U.S. NRC to operate nuclear reactors. There's a striking level of appreciation you gain for everyday consumer electronics after working with modern nuclear reactivity systems astonishingly powered by computers from the 80s. When I'm not managing day-to-day activities and US review articles on Notebookcheck, you can catch me following the eSports scene and the latest gaming news.