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Friday, 23 August 2024

Xiaomi posts increased revenues and profit on strong smartphone sales in Q2 2024

Xiaomi Corporation revealed its Q2 2024 financial results, which showed an increase in total revenue and profit on the back of strong samsrtphone sales. The report was also the first time Xiaomi reported sales numbers for its SU7 electric vehicle - 27,307 cars since the model arrived for sale in April. Xiaomi Corporation results for Q2 2024 Smartphone revenue between April and June was CNY 46.5 billion ($ 6.5 billion), 27% more than the same period last year. Xiaomi shipped 42.2 million units, including sub-brands Redmi and Poco. Premium smartphones made up 22.1% of all...

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