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Xiaomi fined for mis-declaring sales figures

Early this month Xiaomi Taiwan was fined by the FTC for falsely declaring that their Mi3 smartphone sold out in minutes. This was revealed to me by folks from Huawei over lunch earlier this week and asked if there is an FTC equivalent here in the Philippines.

The topic was opened since we broke the news last month that Xiaomi sold about 1,300 of the 2,000 units they had on the second sale.

Yugatech 728x90 Reno7 Series

Lazada, the sold channel for Xiaomi in the Philippines, reached out to us denying the numbers but would not correct our figures even if they declared that the sale of the handsets closed out during that day.

A week later, Lazada went out and declared an Open Sale which supports our earlier story that not all the units were sold out.

Since then (about 37 days) the Xiaomi Mi 3 are still being sold by Lazada with very heavy advertising in Facebook and Google.

This makes us wonder why such a very good product with a very affordable price tag would not sell as much as we’d expect them. It’s probably the familiarity, of lack thereof, of the brand among Filipino consumers.

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Avatar for Abe Olandres

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

31 Responses

  1. Avatar for geogetski666 geogetski666 says:

    he only thing that’s making this mi3 not sell like hot cakes is the measly 16gb rom XD and no expansion slot nuff said and release the kernel source code people like aosp better than muiu :))

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