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Xiaomi to build second factory in India with Foxconn

By Sun Wenyu (People's Daily Online)    15:48, March 24, 2017
Xiaomi to build second factory in India with Foxconn
Xiaomi launches Mi 4i in India in 2015. (File photo)

Xiaomi, a smartphone maker headquartered in Beijing, is planning to build its second factory in India in cooperation with Foxconn. With a manufacturing speed of one mobile phone per second, the new factory will help Xiaomi to further expand its share in the Indian market.

Xiaomi India Vice-President Manu Kumar Jain said the factory will be located in eastern India, where it will create 5,000 jobs. Xiaomi entered the Indian market in July 2014. A year later, its Indian factory, established in cooperation with Foxconn, officially began operation. By last March, 75 percent of Xiaomi smartphones in the Indian market were manufactured in the country. The figure will go up by 20 percent with the opening of the new factory.

India has always been a major smartphone market. Apart from Xiaomi, Chinese smartphone manufacturers Huawei and Lenovo also have production lines in the country. Statistics from research institute IDC show that Xiaomi has become the No. 2 player in the Indian market, behind only Samsung, with a market share of 10.7 percent. In addition, its shipments grew by 15.3 percent in the last quarter of 2016, while those of Samsung dropped by 13.1 percent. 

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Hongyu, Bianji)

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