Xiaomi bounces back to 1 position in the smartphone market in Nepal

Reassumes its smartphone market leadership in Q3 2020

 Kathmandu : Xiaomi, global technology leader, today announced that it has yet again become the number one smartphone brand in Nepal, as per leading market research firm, IDC’s latest Worldwide Quarterly Mobile Phone Tracker, Q3 2020 Report. This is the second time that the brand has climbed to the #1 position after becoming the market leader in smartphones for Nepal in Q1 2020.

Currently holding a market share of 34.1% based on unit shipment, the brand has bagged the top position in Nepal for the smartphone category riding on the successful launch of a series of smartphones across Mi and Redmi.

Sourabh Kothari, Country General Manager – Nepal, Xiaomi said, “We are ecstatic to be the #1 smartphone brand in Nepal again as per IDC report for Q3 2020. We are humbled by the love and support that we have received from our Mi Fans and it has helped us come closer to our mission of providing innovation for all. We shall continue to work towards our commitment of gaining our users’ sustained trust and appreciation through constant innovation across our products, business model and infrastructure.”

The brand witnessed significant growth in the market with the launch of a series of great smartphones offering top of the line specifications at multiple price points starting from Redmi 9A, Redmi 9C, Redmi 9, Redmi Note 9, Redmi Note 9 Pro and Redmi Note 9 Pro Max. Xiaomi has been working with their online selling partners Daraz.com and Sastodeal in Nepal contributing massively to the brand’s wide reach in the country.

The offline expansion added to the overall growth with Xiaomi setting up more than 1600+ offline partner stores with 350+ Mi Preferred Partner stores across the country, strengthening their presence in Nepal. The company currently holds a strong distribution network across locations. They have also fortified their position in the market with robust after sales service through exclusive authorized service centers as well a dedicated service warehouse to fulfill customer requirements in Nepal.