Xiaomi’s new Mi Band 4 is selling better than hotcakes

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The Xiaomi Mi Band 3 fitness tracker was one of the top-selling wearables of 2018. According to IDC, Xiaomi shipped 23.3 million units last year giving the company a 13.5% share of the market. That placed the Mi Band 3 behind only the Apple Watch, which held a 26.8% slice of the wearables pie in 2018. One of the big reasons that the Mi Band has traditionally been a big seller is that like many Xiaomi products, it offers plenty of functionality for a low price; the Mi Band 3 has been available on Amazon for $30.
Last week, Xiaomi launched the Mi Band 4 in China, and …

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