BEIJING, Feb. 24 (Xinhua) – A major Chinese manufacturers of smartphones, Xiaomi launched Wednesday its new E5 model after a year trying to keep up with financial products their competitive edge in the Chinese market, the largest to worldwide.
MI5, equipped with a Qualcomm Snapdragon 820 processor, respects the pricing strategy of the brand, whose basic version sells for 1,999 yuan (about 306 US dollars), far below the price more environment in the Chinese market.
Xiaomi also just released an updated E4 latest model at a price of 1,699 yuan version.
According to data published by the company, MI5 comes more than a year after the release of the tablet My Note, and almost a year and a half later than its previous version.
the company, based in Beijing, has continued to manufacture products economic range redmi to maintain its share in the domestic market.
Xiaomi did not reach its 2015 sales target of 80 million handsets, but its CEO and founder Lei Jun argued today at the launching of the new model that Xiaomi last year remained the leading brand for Chinese consumers.
the distance between Xiaomi and his nearest rival, Huawei, has been declining, however, with a difference in market share never than 1.5 percent.
Xiaomi produces more technological products in addition to smartphones, including routers, tablets, televisions and decoders, as well as air and water purifiers, motorcycle or scooter smart bracelets.
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