Xiaomi might be gearing up to upgrade one of its most widely acclaimed products with the introduction of the Mi Band 3. The product just popped up on a Bluetooth certification website and as per the listing, it supports Bluetooth 4.2 Low Energy. It was submitted by Huami, the Xiaomi-backed wearable company which is also responsible for developing the AmazFit line of products and of course, the Mi Band. Huami recently raised over $110 million through an IPO.
Apart from that, however, there isn’t any other detail available for now. Thanks to its unprecedented price and a tempting set of features, the Mi Band series has allowed Xiaomi to acquire the pole position alongside Fitbit in the wearables market. The China-based manufacturer, as of now Q3 2017, had a market share of 13.7% and sold over 3.6 Million bands. It was followed by Apple at 10.3%, although that’s not particularly a fair comparison considering the price difference and the fact that the Apple Watch is a smartwatch, not a fitness band.
Nevertheless, the Mi Band 3 is certainly the kind of product everyone looks forward to as it has played an instrumental role in democratizing fitness bands in countries like India. Given that it’s already through the Bluetooth certification, we can expect it to be officially announced in the next few weeks if not months. It’s been roughly two years since Xiaomi had launched its predecessor, the Mi Band 2. The fitness band featured a heart rate scanner, 0.42-inch display, and promised 30-day of battery life, all for a price of Rs 1,999. There have been some rumors floating on the web about the Mi Band 3 coming with NFC and GPS in addition to features like auto-detection of tasks, improved heart rate monitoring and more. Unfortunately, we need to wait till the official unveiling to know the exact details.