Xiaomi bets on appliances as phones slow

Published 18 June 2026 · india

Synopsis Chinese smartphone maker Xiaomi is set to enter India's large home appliances market. This move comes as smartphone shipments decline. The company aims for

Synopsis Chinese smartphone maker Xiaomi is set to enter India's large home appliances market. This move comes as smartphone shipments decline. The company aims for local manufacturing. Alex Tang will lead this expansion as the new South Asia regional head. This strategy is part of Xiaomi's next growth phase in India.

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