Just last month, reports of Xiaomi looking to enter Brazilian markets started to surface. In a significant move, the company has now officially confirmed that it is foraying into markets outside Asia for the first time. Xiaomi’s official Twitter handle states that it will launch in Brazil by the end of this month. Also Read - Poco F3 GT review: Good, but still not a true Poco F1 successor
Sim, essa é a data do evento de lançamento. Sim, já pode começar a gritar. A gente já começou 🙂 #SaveTheMiDate pic.twitter.com/a2exVyhvG3 Also Read - Realme Band 2 fitness band launched in India to take on Mi Band 6, price set at Rs 2,999
— Mi Brasil (@MiBrasil) June 15, 2015 Also Read - Redmi 9 Activ budget phone silently launched in India: First sale date, specs and other details
In the last one year, Xiaomi has made tremendous progress and now operates in Taiwan, Hong Kong, Singapore, Malaysia, Indonesia, Philippines, and India. Xiaomi entered the Indian market in July last year, and managed to sell a million devices in the first six months itself. It even brought along its innovative flash sale model, which is now being adopted by several smartphone companies boosting the ecommerce market in the country.
The company looks to now increase its footprint beyond Asia, and has Turkey, Mexico and Russia on its list as well. It even opened up its online accessory store in the US, but does not plan to sell smartphones there anytime soon.
Xiaomi reportedly has big plans for Brazil, and even intends to manufacture smatphones locally in due course of time with its contract manufacturing partner Foxconn, as the import tax is too high there.