Promising Chinese up-and-comer Xiaomi today unveiled a smartphone that is likely going to be quite a game changer for the young company. Although currently exclusive to China, Xiaomi has shown exponential growth and is highly likely to become a global leader within a few years if its current growth rate is kept strong.
Xiaomi today unveiled the new Xiaomi Red Rice smartphone. At just $130 it sounds either too good to be true or like a cheap Chinese knock off, but it is not. The Xiaomi Red Rice packs quite a bit of higher specced features for its price including a 4.7-inch 720p touch display, a quad core MediaTek processor, 1GB of RAM, 4GB of internal storage, TD-SCDMA 3G, a 8MP rear camera as well as dual SIM support. Like all Xiaomi phones, the Red Rice will feature their popular MIUI user interface on Android. The Xiaomi Red Rice will be available exclusive to China Mobile, which has a 70% market share in China and that’s sure to give them a head start.
Xiaomi has made quite a few heads turn after selling their devices in small batches over record periods of times, with each batch being sold out in less than five minutes most of the time. The company is expected to sell 15 million smartphones this year, and with a constant growth path, it may join the top ten smartphone makers in no time.