Xiaomi delivered another strong quarter in Q3 2017. With a whopping +91% YoY growth by volume, Xiaomi solidified the fifth position in global smartphone market. While China remained as Xiaomi’s biggest market, India has become the new growth engine. Xiaomi is now the second largest smartphone vendor in the country, slightly behind Samsung. What are the drivers behind the strong momentum in India? What are the challenges Xiaomi need to be aware and prepare ahead in 2018?
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