Chinese smartphone giant Xiaomi has clocked an all time first; selling its phones outside of Asia. The company officially opened its Xiaomi Brazil store on Tuesday, tapping one of the hottest mobile markets globally.
Xiaomi will be selling their Redmi 2, a model which has performed well in both China and surrounding markets. The company has already revealed that they will manufacture the phones in Brazil, which will also be their first manufacturing operation outside of China.
This could be due to the high import taxes on electronics in Brazil. Other foreign imports, including Apple products, sell in Brazil for up to double their home market RRP once taxes are added. For other Asian countries, Xiaomi has so far managed manufacturing in China, shipping out of ports in Hong Kong.
Start your free trial now.
Get instant access to all our premium content, archives, newsletters, and online community.
Monthly Membership
Yearly Membership
What you get
Full access to all premium content and our full archives
Members'-only newsletters
Preferential access and discounts to all TechNode events
Direct access to the TechNode newsroom
Start your free trial now.
Get instant access to all our premium content, archives, newsletters, and online community.