Xiaomi Sets Sight on Double Sales Figures with 70-Inch Redmi TV - johnsonaceis1957

Alongside the Redmi Note 8 In favor of in China last week, Redmi too introduced its much-anticipated 70-inch Redmi TV at a pretty affordable price of 3,799 yuan (roughly Rs. 38,000). We were aware that Redmi was going to unveil a massive 4K smart TV, but no same expected that lambaste-dropping price tag.

Healthy, Xiaomi's budget-focused sub-trade name seems to constitute confident in its endeavors and has now uttered that it strives to double the existing gross sales in the domestic 70-inch TV market. Redmi's General Manager Lu Weibing today took to Weibo to announce that the 1st flock of Redmi Boob tube went finished for pre-ordering today and the demand is beefed-up.

Weibing then continued to babble about China's Boob tube market, saying that the monthly sales in the Chinese TV market are around 3.3 million units. The proportion of the giant screen TV market is currently emerging and accounts for around 3% compensate now – of which 70-inch TVs holds a mere 1% market partake in. This means about 30,000 70-inch TVs are sold-out per month in China.

After this, Weibing confidently added (translated from Chinese to English) that, "Localise a small goal first: Redmi TV doubles this market size of it by relying happening its 70-inch Redmi TV." This means Xiaomi is confident that the huge Redmi TV is going to attract many users, such that it can contribute to double the sales of TVs in the country.

Redmi TV, for those unwitting, features a massive 70-inch 4K HDR show with minimal bezels. IT is powered by a quad-core Amlogic processor, coupled with the Mali-450 MP3 GPU, 2GB RAM, and 16GB internal storage. It runs Xiaomi's Patchwall skin on top while also offering all the of import connectivity options to its users.

This is certainly going to be a mountainous task that I look forward to, but it does look achievable when I factor in the affordable pricing. What are your opinions on it? Let us recognize in the comments part below.