Xiaomi reports 13.6% increase in revenue for Q1 2020, higher gross profit

22 May 2020
Market demand and production capacities in China have recovered. Besides smartphones, Xiaomi's IoT business reports major gains as well.

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  • Anonymous

Anonymous, 24 May 2020Only difference is that CCP is evil at its core and its int... moreThis is what you are doing😁

  • Haikal

Anonymous, 24 May 2020Only difference is that CCP is evil at its core and its int... moreif you're not from China, why would you worry so much.

  • Anonymous

Random Person, 24 May 2020And just like that, the US spread rumors like these and peo... moreOnly difference is that CCP is evil at its core and its intentions are to conquer the free world.

Id much rather be tracked for marketing (ads purposes) instead of being tracked to make sure I dont speak against the regime.

  • Carol

ypcx, 23 May 2020Because Xiaomi haven't developed a 5x optical in 2019 and 1... moreAm pretty sure you have no idea what you're talking about.

And just like that, the US spread rumors like these and people believe it and everyone is scare. At the same time Apple and Google does the same thing.....

Chinese companies are growing way too fast for US to catch up, you have to believe that, the US has the technologies but they are so slow to implement anything.

  • Anonymous

ypcx, 23 May 2020Because Xiaomi haven't developed a 5x optical in 2019 and 1... moreSamsung already had good optical zoom with s4 zoom and k zoom years ago

  • Anonymous

potato4k, 23 May 20201. The security concerns are not talking about phones. They... moreXiaomi don't sell phones to the US, but they have sold millions to India. Unlike with the US, India has border clashes with China. Indians should be worried about having all those phones inside their country.

Rogie99, 23 May 2020First off, Xiaomi Corporation is a Chinese electronics comp... moreBecause Xiaomi haven't developed a 5x optical in 2019 and 10x optical in 2020, which is something the western bloc (Samsung & Apple) can only seethe at. (Apart from getting Huawei banned, that is.)

Rogie99, 23 May 2020First off, Xiaomi Corporation is a Chinese electronics comp... more1. The security concerns are not talking about phones. They are talking about network equipments that companies/carriers use. Huawei is in that business. Xiaomi is not.
2. Xiaomi doesn't sell phones in the US.

  • Anonymous

Rogie99, 23 May 2020First off, Xiaomi Corporation is a Chinese electronics comp... moreMaybe they are more compliant with USA and Google rules? I'm not in the know so I'm not truly sure .
It can't be purely down to phones though, could be issues with the company itself and the mobile sector is just the easiest target to affect worldwide sales ?

  • Anonymous

Anders, 22 May 2020No doubt 99% of the Mi 10 sales came from Asia. No one in E... moreDid you even read the article Mr.Hater?

"This quarter marks the first time that half of the company’s revenue came from abroad. Shipments to Europe grew by 58.3%, capturing 14.3% of the market (placing Xiaomi in 4th place). Spain was the company’s biggest market on the Old Continent, the rest of Western Europe saw higher demand as well. "

First off, Xiaomi Corporation is a Chinese electronics company founded in April 2010 and headquartered in Beijing. So if Huawei is banned because of "security" concerns due to article 7 of the law states that “any organization or citizen shall support, assist and cooperate with the state intelligence work in accordance with the law,” adding that the state “protects” any individual and organization that aids it, why is Xiaomi not on the Entity List along with every other Chinese phone maker?

  • Anonymous

ypcx, 23 May 2020I'm neither blindly, nor hating. I just feel cheated as a c... moreSamsung finally will drop their custom cores that are the reason of the problem in exynos,so lets have some hope. For me I don't care because I use midrange samsung phones, midrange exynos use cortex A73 and A53 designs which doesn't thermal throttle like high end exynos.

Anonymous, 22 May 2020You know that the US ban on huawei has nothing to do with s... moreYou seem to know very little about geopolitics and the structure of globalized western economy.
Here's an article for you: https://www.forbes.com/sites/bruceupbin/2011/10/22/the-147-companies-that-control-everything/
Hint: Central banks exert power by printing money out of thin air and allocating them to companies via 0% "loans", these select companies are then able out-compete and acquire or destroy all of their competition in their markets.
They have lost this kind of control over the Chinese technology, hence the fake "trade war" and Huawei banning, which are just the beginning.

Anonymous, 22 May 2020You know that the US ban on huawei has nothing to do with s... moreI'm neither blindly, nor hating. I just feel cheated as a consumer because my last two (or more like 4) Exynos flagships from Samsung were a massive letdown. I realized this when I first bought a phone with a different chipset -- suddenly the battery was possible to live with and the phone performance was snappy (this was P30 Pro, not even a Snapdragon phone). I hope Samsung gets sued and fined for consumer deception at some point.

ypcx, 22 May 2020oh but samsung told us their revenues dropped due to covid.... moreSamsung has a lot more divisions from which gain or lose money.
Their last drop in revenue was due to less demand for memory chips.

No doubt 99% of the Mi 10 sales came from Asia. No one in Europe is going to pay £1,000 for a Xiaomi.

I'd be interested to see what their sales figures are for UK, Germany and France the markets in which OnePlus has failed

  • Anonymous

Anonymous, 22 May 2020Are you blindly hating Xiaomi yourself too? You always beli... moreThat's wright

  • Anonymous

Anonymous, 22 May 2020Of course, selling mi10 pro for 1000 euros. You have better phone from them, poco f2 pro, for the 500 euros, less..

  • Anonymous

Anonymous, 22 May 2020When will they announce Mi A4? July, but it will be rebranded (maybe note 10 lite just with stock, androidone software), design.