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Xiaomi reports record revenues, adjusted net profit in Q1

Wednesday 26 May 2021 | 15:55 CET | News
Xiaomi said revenues and adjusted net profit reached historic highs in the first quarter, boosted by the strong growth of smartphone shipments. In the quarter, the company said it continued scaling its AIoT platform and started exploring new opportunities, including an official foray into the smart electric vehicle business. Xiaomi shipped 4 million devices priced at or above CNY 3,000 in mainland China and EUR 300 or equivalent in overseas markets. The global shipment of smart TV reached 2.6 million units.

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Categories: Mobile & Wireless
Companies: Xiaomi
Countries: World
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