XL turns to Xiaomi’s RedMi 2 to turnaround fortunes

Indonesia’s XL Axiata is tapping the popularity of Xiaomi’s smartphones to try to boost its declining market share, which fell by 3 points to 19 per cent last year. XL, the country’s second largest operator with 60 million connections, will …

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Xiaomi reports 135% increase in sales in 2014

Chinese smartphone maker Xiaomi reported that its pre-tax revenue last year increased 135 per cent to CNY74.3 billion ($12.1 billion), while it sold 61 million phones in 2014 – up 227 per cent from the previous year. Chairman and CEO …

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