Xiaomi has released some interesting facts about the company's financial results in 2018.
ΤXiaomi's net income for the past year was 8.6 billion RMB (about 1.13 billion euros). In total, in 2018, Xiaomi "expelled" from its factories (shipments) 119 million pieces of smartphones.
For 6 consecutive quarters, Xiaomi was the first in sales of smartphones in India. In Indonesia it closed in 2nd place. In Western Europe it ranked 4th in the smartphone market.
In the 4th quarter of 2018 its revenues Xiaomi from the sale of smartphone models with a price of up to 2.000 RMB (approximately 260 euros) was 31.8% of the company's total smartphone sales.
The amount allocated by Xiaomi in 2018 for research and development of services and products was 5.8 billion RMB (approximately 760 million euros), an increase of 66.2% compared to 2017. In 2016 the amount for RnD was 2.1 billion RMB (approximately EUR 275,5 million).
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