San Francisco: Microsoft is backing off its ambitious goal of getting Windows 10 on 1 billion devices by 2018.The company is blaming its own decision to scale back its smartphone business over the last year.Microsoft said that’s slowing efforts to deploy the newest version of its flagship software on PCs, game consoles and mobile devices like tablets and phones. Microsoft says Windows 10 is now running on more than 350 million PCs and other devices.

Analysts say that’s an impressive rate of adoption for software released last year. But Microsoft has sold relatively few smartphones and has cut back its phone operation. In a statement today, Microsoft acknowledged “it will take longer” to get Windows 10 on a billion devices, but didn’t set a new timetable.

Its shares fell 30 cents to USD 53.44 in afternoon trading today.

Chinese giant, Xiaomi will be celebrating two years of its existence in the Indian market. The company is planning to offer its consumers a host of new offers including flash sales, price drops and giveaways.Mi fans in the sub continent can avail these exiting offers from July 20th to July 22nd. The company will have 10 smartphones and 100 accessories available for just Re 1 during the celebration period.

The company will be offering ten Mi 5 phones and hundred 20,000mAh Mi Power Banks July 20th and ten Redmi Note 3 and hundred Mi Band (White LED) on July 21st. While on July 22nd, users can get their hands on ten Mi Max and hundred Mi Bluetooth Speakers.To qualify for the flash sale, users have to visit the company’s celebration website and share the promotion on their Facebook profiles.

Other special offers include a free Mi In-Ear Headphones Pro Gold on purchase of a Mi 5 Gold. Users can buy a 20000 mAh Mi Power Bank and get a free LED Light Enhanced or USB fan. A USB cable plus USB fan will come free with a Mi 4i.In addition, fans can win Mi cash coupons by playing Pair 2 Win game from July 14 – 19 and purchase Mi accessories using these coupons. The company will also be giving away a Mi TV to lucky buyer who purchased from the Mi Store app.

Xiaomi aka ‘Apple of China’ entered the Indian market in 2014 with the launch of its Mi 3 smartphone and received a great response. The company managed to grab a good market share and garner a huge fan following, resulting in introduction of a separate Mi community in the country.The company claims to have sold over three million smartphones in just one and half year after its debut in India.