Not the fastest sell out every, but impressive none the less! 50,000 Xiaomi Hongmi phone sold out in just under 4 minutes!
Each time Xiaomi, or any other Chinese phone maker, reports it has sold out 10,000’s phones in just minutes is really drives home just how fast the Chinese smartphone market is growing! It’s a wonder that the market is complete saturated, which it shows no sign of being as Xiaomi have managed to sell 50,000 Hongmi today.
The Xiaomi Hongmi is a 799 Yuan ($130) quad-core Android smartphone with 8 GB memory, 1GB RAM and a Samsung 8 mega-pixel rear camera. The current version of the Hongmi is only compatible with China Mobile’s 3G network, but a new version of the phone will offer compatibility with WCDMA networks.[ Source ]