Xiaomi earned over $61 million in 1 minute selling Mi Mix Fold

At the end of March, Xiaomi introduced its first foldable smartphone Mi Mix Fold, and recently launched the first flash sale in China. And she showed that there is a demand for the gadget.

The first batch of Mi Mix Fold in the Celestial Empire sold out in just one minute. As a result, the company earned 400 million yuan in revenue, which is more than $ 61 million.

Xiaomi does not specify the actual number of smartphones sold, but simple mathematics shows that this is from 30 to 40 thousand gadgets or about 500 units per second. This is with the calculation of the three available versions of Xiaomi Mi Mix Fold: 12/256 GB for 9,999 yuan ($1530), 12/512 GB for 10,999 yuan ($1680), and 16/512 GB for 12,999 yuan ($ 2000).

Recall that all versions are equipped with two AMOLED displays, a Snapdragon 888 processor, and the main camera with a liquid lens – a first for a smartphone.

It is not yet known when the flagship will go on sale again or when it will enter the global market.

Author: John Kessler
Graduated From the Massachusetts Institute of Technology. Previously, worked in various little-known media. Currently is an expert, editor and developer of Free News.
Function: Director
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