Xiaomi to Host Mi Fan Festival 2020 Event on April 3 to Celebrate 10th Anniversary, 22 Products Set to Debut

Xiaomi is celebrating its 10th anniversary and to commemorate the success, a Mi Fan Festival is scheduled for Friday, April 3. The company will announce as many as 22 new products at its forthcoming event. If we look at the Mi Fan Festival last year, the Beijing-based company is expected to launch a list of devices, including some Internet of Things (IoT) hardware. Xiaomi last year also offered discounts on many of its smartphones in India under a localised Mi Fan Festival sale. However, it isn't likely to follow the same trend this time -- considering the coronavirus outbreak and the nationwide lockdown in the country.

The official Weibo account of Xiaomirevealedthe hosting of the Mi Fan Festival 2020 to celebrate the company's 10th anniversary. A teaser posted through the account also highlighted the launch of 22 different products at the event that will begin at 2pm CST Asia (12pm IST) on April 3.

Xiaomihasn't provided any details about the products it's set to launch at the Mi Fan Festival 2020 event. However, itdoes have teasedthe arrival of various new smart home devices. The company isn't likely to unveil any new smartphones, though.

Last year, Xiaomihosted its Mi Fan Festival sale in Indiato celebrate its anniversary with customers in the country. The limited-period sale brought offers onPocoandRedmismartphones as well as offered discounts onMi TVmodels. It also conducted a Re. 1 flash sale.

Having said that, the company isn't likely to follow the same trend this year since the lockdown due to thecoronavirusoutbreak has impacted its regular operations and sales in the country. The company also on Wednesdayannounced a hike on its smartphone pricesthanks to the increase in the GST rate for mobile phones.

Coronavirus: India Lockdown Forces Smartphone Players to Defer New Launches

Unlike India, Xiaomi is currentlyrecoveringfrom the coronavirus impact in China. The company during its earnings call on Tuesday mentioned that its overall revenue saw a 27 percent jump for the October-December quarter.