Sold over 7 million Xiaomi Mi 1

He set the price bar that the company had maintained until Xiaomi Mi5

Lei Jun, founder of Xiaomi, chairman and CEO of Xiaomi Group, said that the first Xiaomi Mi 1 smartphone has been sold with a circulation of more than 7 million units.

The first smartphone of the company was introduced in August 2011 and released in October the same year at a price of 1999 yuan (about 285 dollars at today's rate). He set the price bar, which the company adhered to up to Xiaomi Mi 5, released at the same price. In addition, with the release of Xiaomi Mi 1, the company created a new sales model by selling smartphones online to save on costs and minimize the price.

At the time of release, Xiaomi Mi 1 was a real flagship, it received a 4-inch Sharp screen with a resolution of 480 x 854 pixels, was equipped with a dual-core single-core system Qualcomm MSM8260 with a graphics chip Adreno 220, 1 GB of RAM and 4 GB of flash memory, and a battery capacity of 1930 mAh. The smartphone was running the first version of MIUI.

Recall that recently the company celebrated 10 years since its foundation.

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