Xiaomi posts record-smashing Q2 results with 23M phones sold worldwide

Yordan, 07 July 2017

Xiaomi had a rough 2016, but things are starting to look up for the Chinese maker in 2017. The company announced that Q2 was its most successful quarter with 23 million phones sold across the globe.

Xiaomi CEO Lei Jun said the amount of sold phones is 70% more than it was in the previous three-month period.

The good economy climate is among the reasons for the positive numbers. Sales in India grew 328% year-over-year. The Redmi Note 4 became the highest shipped smartphone in the country, and the company even opened its first Mi Home in Bengaluru two months ago.

Xiaomi is aiming to reach revenue of CNY100 billion (about $14.7 billion) by the end of 2017 and sets a target of 100 million shipments in 2018.

Via

Reader comments

Sternberg
10 Jul 2017
vwY

"The Redmi Note 4 became the highest shipped smartphone in the country". Being the successful phone you eliminated this model from getting Android 7. What is this Mi??. If this continues we loose trust upon you. Hope you continue to support previous ...

Anonymous
08 Jul 2017
tue

Billions in revenue and yet somehow still unable to hire more capable coders into their roster to step up at their Android ver updates as the base for MIUI. If you're gonna get slow to no Android base ver upds anyways, might as well spend your m...

Muni.Muni.Myaa
08 Jul 2017
dQh

Yeah, performance and efficiency should go hand in hand NOT one gets downgrade and other gets let's say upgrade which isn't in my opinion. If Note 5 do get SD660 then hell yeah, it will be an instant success in that mobile range.