Xiaomi is off to a great start in India or not? It depends on what you believe

   

Reading the news on Xiaomi in regards to their Indian market has me shaking my head everyday with the schizophrenic views on this topic.  Take for example the WSJ "Xiaomi's big bet on the Indian internet revolution starts to pay off" and compare that to Counterpoint which claimed sales are down 46% and below MicroMax. Whatever your perspective 3 million devices to date in a newly emerging market is not bad.  The real question is whether the persistent rumors that Xiaomi's investors are getting uneasy is true and if so what it may mean going forward.

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About The Author

Chris DeAngelis is a Partner and the General Manager of Alliance Development Group (ADG). Chris is considered a leading expert on the Chinese technology scene and is regularly cited in leading media including The Wall Street Journal, The Financial Times, Forbes, TechNode, MSNBC, Digital Trends, China Economic Review, International Business Times, Thomson Reuters and others. He has BS in Accounting from Lehigh University and an MBA from Columbia Business School. He has two daughters and has been living in Beijing since 2005.