What her CFO said today in an interview in China was particularly positive Xiaomi, Zhou Guangping, on the development of the company in the field of technology.
ΣAccording to him, the Chinese giant's revenue from the Internet services sector had increase of 32% compared to 2018, which is mainly due to the rapid increase in the number of active users it has!
According to the latest data, over 500 million users use Xiaomi devices every day - of all kinds and categories. Zhou Guangping also said that Xiaomi's growth every year continues to be impressive, to the point that it concerns him as the company, which is 90% active in the field of smartphones + IoT + Internet, must be maintained at the same time.
This is also called the "one trillion dollar market" because there is so much wealth it can bring to those who are invested in it, so there is still plenty of room for growth and profit - according to Xiaomi's CFO (Chief Financial Officer).
Recall that in May, the current financial data of the company were published, according to which the company's revenue was 6,37 billion dollars for 2018 (an increase of 27% over the previous year), with profits close to 310 million dollars, increased by 22,4% compared to 2017. During 2018 also the number of IoT devices that were connected to its platform (WITHOUT taking into account mobile phones, tablets, laptops) reached 171 million devices of all kinds.
[the_ad_group id = ”966 ″]ΜDo not forget to join (register) in our forum, which can be done very easily by the following button…
(If you already have an account in our forum you do not need to follow the registration link)
Follow us on Telegram!
