Η Xiaomi continues to surprise everyone positively, with the great growth it has in all world markets, recording very large increases in its revenue.
Η Xiaomi entered very dynamically in 2019 with the release of the flagship My 9 and the series Redmi Note 7 . The company published its earnings report for the first quarter of 2019 and the numbers are much better than expected.
Xiaomi managed to generate revenue of 43,8 billion CNY ($ 6,3 billion), ie an increase of 27% compared to corresponding to last year, and 1,7 billion more revenue than the 42,1 billion in 2018.
Net profit is estimated at 2,1 billion CNY, compared to 1,7 billion CNY in the first quarter of 2018.
Despite the stagnation of the domestic market, and the 21% drop in smartphone sales in the Chinese market, Xiaomi sold 27,9 million units worldwide, ranking it fourth in the world for the first quarter of 2019.
Xiaomi is India's top smartphone seller for the seventh consecutive quarter, and managed to enter the top four companies in Western Europe, with a 115% increase in sales. MIUI worldwide users are now estimated at 260 million, an increase of 37% year on year.
In addition to sales of smartphones, Xiaomi also manufactures many IoT devices, which today have exceeded 171 million units in sales, a percentage that is 70% higher than last year.
The activity of the internet services of the company also increased by 31,8%. Mi Home stores are also growing at a steady pace, with a total of 480 authorized stores worldwide, of which 79 were located in India.
[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!
