Xiaomi will be doubling the production of the Xiaomi Mi Band 2 starting next month to meet the high demand. The smart band is currently being sold for 229 yuan ($34).

According to Gizmo China, Huami Chief Executive Officer Huang Wang confirmed that the company is doubling the production of the Mi Band 2, but this is still not enough to meet the high demand. To those who are not aware, the Chinese wearable device maker Huami produces the smart band and is Xiaomi's fitness wearables partner.

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Xiaomi founder and Chief Executive Officer Lei Jun confirmed Huang's statement. He admitted in a post on his Weibo account that the company repeatedly increased production, but the high demands have not been met.

The Mi Band 2 was released in June after a long wait for the price of 149 yuan ($22). The release date of the device was reportedly postponed because the company wanted to ensure that the Mi Band 2 meets the demand for a smart band. The release date was allegedly also postponed several times to shore up stocks.

The Mi Band 2 comes with a wide array of features and an affordable price tag. It has an OLED display and a touch panel to give access to important data such as time, distance covered, body temperature, and heart rate, South China Morning Post reported. It can function both as a fitness tracker and a wristwatch with smart technology that is sensitive to movements. The current time can be displayed by just raising one's hand.

The Mi Band 2 follows Xiaomi Mi Band, which has a compact size and cheap price tag, making it the world's most successful smart band product. The Mi Band was launched in 2014 with a drab aluminum module and a 30-day battery life. A heart rate sensor was added to it last year.

TagsXiaomi Mi Band 2, Xiaomi, Mi Band 2, Huami, Huang Wang, Lei Jun, Xiaomi Mi Band, Mi Band