The Smartphone maker Xiaomi will begin selling its smartphones in the UK under a partnership with Hutchinson’s Three as “China’s Apple” turns its attention to the west. The partnership with Hutchinson will lead to Xiaomi phones being sold through Three stores in the UK and Ireland, as well as Austria, Denmark, Hong Kong and Sweden. Most of its revenue come from smartphone sales, sold at a low-profit margin. Xiaomi still depends on China for the majority of its revenues, a challenge given that that market is nearing saturation. Xiaomi phones are popular with first-time buyers but shoppers often upgrade to Apple’s iPhone or other phones in later purchases.

Source: The Guardian May 03, 2018 08:27 UTC