Xiaomi constantly growing. The company has reported a revenue of more than 88.9 billion yuan, about 11.29 billion eurosachieving double-digit growth for the third consecutive quarter.
On the other hand, the adjusted net profit was 787 million (6,200 yuan), up 20%. In addition, the gross profit margin remained strong at 20.7%.
Business results
The three main industries of Xiaomi – smartphones, IoT and lifestyle products, and internet services – exceeded market expectations with an income of 5.9 billion euros (46.5 billion yuan); 3.4 billion euros (26.8 billion yuan) and 1.054 billion euros (8.3 billion RMB), respectively. Income from business a smart electric vehicles and other new initiatives They amounted to 813 million euros (6.4 billion RMB).
In the top 5 smartphone brands
Xiaomi leads growth among top five smartphone brands as global expansion accelerates. In the second quarter his goals were reached 42.2 million unitsan increase of 28.1%. According to Canalys, Xiaomi has maintained its position among the top three smartphone brands globally for 16 consecutive quarters with a market share of 14.6%.
The smartphone industry reported strong growth with income of 5.9 billionan increase of 27.1%. According to the consulting firm, in the period under review, the Group’s smartphone shipments were ranked among the top three in 58 countries and regions worldwide, and among the top five in the 70 countries and regions around the world. The promotion confirms Xiaomi’s growing influence in international markets with accelerated expansion in Latin America, Southeast Asia, the Middle East and Africa. In Latin America, Xiaomi smartphone shipments were in the top two for the first time.
On July 19, 2024, he gave his iconic folding device Next-generation Xiaomi MIX Fold 4, along with its first compact folding device, the Xiaomi MIX Flip, in mainland China.
The IoT industry is booming
The production industry IoT and Xiaomi lifestyle kept the way up. The large smart home appliance segment continued to perform strongly, with revenue up 38.7%
Strong growth in the Internet services industry
In the second quarter, Internet services continued their rapid growth with revenues increasing by 11%.
The Internet user base continued to expand, with monthly active users worldwide and mainland China (MAU) reaching all-time highs.
Xiaomi Care arrives in Spain
This is a protection insurance program that is now available in Germany, France, Spain and Italy.
It offers two comprehensive insurance packages that can be purchased together with a new product or as additional protection:
● Disaster Package: Provides coverage for accidental damage to smartphones. This package includes 24 months of accidental damage cover, allowing up to two claims for repairs in a 12 month period, and one claim in 24 months for a refund or reimbursement.
● Accident and Theft Package: Includes cover for accidental damage, as well as protection against theft. This package also allows up to two claims in a 12-month period for repairs and one claim in 24 months for the return or return of a stolen or damaged device.
“We are delighted to launch Xiaomi Care, a service that reflects our commitment to offer first-class protection and peace of mind to our customers,” he says. Nelly De Navia, Head of Marketing at Xiaomi Iberia. “With Xiaomi Care, our goal is not only to offer the best devices, but also the best protection at a competitive price.”
2024-08-29 11:20:26
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