AfterDawn: Tech news

Xiaomi's European Web store will not sell phones, either

Written by Andre Yoskowitz @ 04 Mar 2015 8:56

Xiaomi's European Web store will not sell phones, either

Last month, Chinese smartphone giant announced that they were opening an online store for U.S. customers and the company has confirmed now that it will be doing the same for Europe.
Unfortunately, just like in the U.S., the European store will not include phone or tablet sales, just accessories and smaller devices like the Mi Band fitness tracker and Mi speakers and headphones.

"It's going to be a different Mi.com experience from what we have in our markets in Asia, because we're not selling phones," said Hugo Barra, former Android exec and now Xiaomi's global vice president. "We're only going to sell a small number of our hero accessories, things like the Mi Band, studio-grade headphones, in-ear headphones and the world's most popular power banks."

The lack of phone sales is notable as the company has quickly risen to the world's third largest smartphone maker in just 4 years of existence, thanks to brisk sales in Asia. The company has massive revenues but short profits as the margins are tight on all devices they sell in an effort to get their ecosystem into the hands of millions where they can sell software and services at nearly 100 percent margins.



Source:
Cnet

Tags: Xiaomi
Previous Next  
Comments have been disabled for this article.

Latest news

Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets (06 Jun 2023 9:19)
Roomba Combo j7+ is the very first Roomba model to combine robot vacuum with mopping features. And Roomba Combo j7+ does all that with a very clever trick, which tackles the problem with mopping and carpets. But is it any good? We found out.
Neato, the robot vacuum company, ends its operations Neato, the robot vacuum company, ends its operations (02 May 2023 3:38)
Neato Robotics has ceased its operations. American robot vacuum pioneer founded in 2005 has finally called it quits and company will cease its operations and sales. Only a skeleton crew will remain who will keep the servers running until 2028.
5 user comments
How to Send Messages to Yourself on WhatsApp How to Send Messages to Yourself on WhatsApp (20 Mar 2023 1:25)
The world's most popular messaging platform, Meta-owned WhatsApp has enabled sending messages to yourself. While at first, this might seem like an odd feature, it can be very useful in a lot of situations. ....
18 user comments
How to Enable Bluetooth on Stadia Controller How to Enable Bluetooth on Stadia Controller (11 Feb 2023 1:04)
Google shut down its streaming game service Stadia late last month and this means that some people have Stadia controllers lying around that seem to be of no use. That is fortunately not the ....
2 user comments
Guide: How to Kick Unwanted Guests from Your Netflix Account Guide: How to Kick Unwanted Guests from Your Netflix Account (26 Jan 2023 2:14)
Sharing a Netflix account with a person in a different location is possible and indeed very common, although the company doesn't necessarily enjoy this behavior from their customers. However, ....

News archive