Financial results of the company Xiaomi in the first quarter show a growth of 27 percent on the level of revenue

Xiaomi Mi Mix 3

Received company Xiaomi 2019 with to make a fuss about my series phones Xiaomi Mi9 Series and Redmi Note 7 Series. Now, the company has issued its financial report for the first quarter of this year, and the numbers were better than expected.

Thanks to strong sales outside China, the record company Xiaomi revenue amounted to 6.3 billion USD, which represents an increase of 27 percent compared with the same period last year, an increase of $ 1.7 million Chinese yuan from its previous estimate of 42.1 million Chinese yuan. Net income was revised the company’s 1.7 billion Chinese yuan in the first quarter of 2018.

Despite the stagnation of the domestic market to lower shipments of Chinese smartphones by about 21 percent, has enabled the company Xiaomi from shipped 27.9 million smartphones ranking fourth globally in that quarter. Is Xiaomi’s biggest seller of smartphones in India for the sixth consecutive quarter, managed to penetrate the top four in the Western Europe not succeeded in achieving a growth of 115 percent on the level of shipments in the region. Offers users MIUI at the global level is estimated at 260 million users, this represents an increase of 37 percent compared with the same period last year.

In addition to its activity in the sector of smart phones, has become the company Xiaomi had also competed strongly in the organs of the Internet Of Things has now exceeded 171 million units, an increase of 70 percent from last year. As the Numismatic Department of the internet service in the company increased by 31.8 percent. There are shops Mi Store actual at a steady pace through the opening of 480 stores used around the world, including 79 stores in India.


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