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  • https://mobiletony.com - Xiaomi Financial Report from the second quarter of 2021 - the first place in 22 countries

    Xiaomi Financial Report from the second quarter of 2021 - the first place in 22 countries
    2 Days, 9 Hours ago


    Tags:  Statistics  -  Financial-Report  -  Xiaomi

    On Wednesday, August 25, 2021, Xiaomi released its unaudited financial results for the quarter and six months ending June 30, 2021. According to the report, Xiaomi's total revenue in the second quarter of 2021 reached 64.8 billion yuan (at a current exchange rate close to $ 13.5 billion) with an annual growth of 64%, and adjusted net profit for this time was 6.3 billion yuan ($ 971 million). It has been announced that in this case, too, we will face an annual growth of 87.4%. Xiaomi cited both revenue and net profit figures as record-breaking figures this season, calling them a sign of the high quality of the business model and the strength of the company's operations.

    https://mobiletony.com Xiaomi Financial Report from the second quarter of 2021 - the first place in 22 countries

    Xiaomi's financial results for the first quarter of 2021 are also complete Looks promising and brilliant; During this period, Xiaomi managed to earn a total revenue of 164.67 billion yuan ($ 25.3 billion), which is a 59.5% increase over the previous year. Gross profit was similar, rising 92.1 percent year on year to 29.3 billion yuan ($ 4.5 billion). Net profit for the first half of 2021 was 12.39 billion yuan ($ 1.9 billion), representing an exciting 118.4 percent annual increase.

     Xiaomi Financial Report from the second quarter of 2021 - the first place in 22 countries

    Xiaomi says about the financial results of this turn:" During the second quarter of 2021 strategy Our original Smartphone AIoT continued to move to support our outstanding performance. "In the future, we will continue to implement our dual brand strategy, increase investment in advanced technology, attract and nurture talent and upgrade our [distribution] channel capabilities, upgrade our advanced handsets and improve the user experience."

    https://mobiletony.com Xiaomi Financial Report from the second quarter of 2021 - the first place in 22 countries

    Other statistics provided in this section It should be noted that Xiaomi climbed to the second position of global smartphone suppliers with a market share of 16.7% (according to the channel report of the smartphone market in Q2 2021) and a growth of 35.1% in the supply of Xiaomi smartphones in the Chinese domestic market. According to figures from the Canalis Research Institute, Xiaomi's market share in the Chinese market in the second quarter of 2021 rose from 10.3 percent a year earlier to 16.8 percent, with 35.1 percent growth, the highest annual growth among major market players. Xiaomi continues to pursue its dual brand policy, where the Xiaomi brand continues to focus on enriching the company's advanced and premium product portfolio, and after the widespread success of products such as the Xiaomi 11 Pro, Xiaomi 11 Ultra and Xiaomi Mix FOLD In the first quarter of this year, the Mix 4 was recently introduced as the company's first phone with a selfie camera under the display layer to continue the same strategy.

    https://mobiletony.com Xiaomi Financial Report from the second quarter of 2021 - the first place in 22 countries Xiaomi Mix 4

    Redmi brand but on the other hand to offer competitive products It is considered that by April 30, 2021, the global supply of Redmi Note series phones has exceeded 200 million, which Xiaomi considers as a sign of increasing the resonance of this brand in the market of cheaper and more expensive devices and a sign of the quality of the brand's smartphones. Xiaomi IoT products and lifestyle in the second quarter of 2021 to revenue of 20.7 billion yuan (May 3.19) Billion), which shows an annual growth of 35.9%. The sector's revenue in foreign markets grew by 93.8%, which indicates the health of this market. Electric scooters, smart TVs, health bracelets and smartwatches are among Xiaomi's most popular devices in this category worldwide.

     Xiaomi Financial Report from the second quarter of 2021 - the first place in 22 countries

    Xiaomi has also announced that AVC has placed the company's TV segment in and its position among the top 5 global brands. The number of TVs offered by the company in the second quarter of 2021 reached 2.5 million, which, according to AVC, ranked Xiaomi number one in China for the tenth consecutive season and ranked the company among the top 5 global brands. By June 30, 2021, the number of connected IoT devices (excluding smartphones and laptops) on Xiaomi's AioT platform has grown to 374.5 million, up 34 percent from the previous year. The number of users with 5 or more connected devices on the AioT platform (excluding smartphones and laptops) also increased by 44.5% year-on-year to 7.4 million. Xiaomi's Internet services sector reached a record-breaking 7 billion yuan in revenue in the second quarter of 2021, with a 19.1 percent growth in this sector as well.

     Xiaomi Financial Report from the second quarter of 2021 - the first place in 22 countries

    Xiaomi at the end of this report deals with its activities in international markets and as a "Record-breaking performance in major markets around the world," he said; According to this part of Xiaomi's financial report, the collection of revenue from global markets in the second quarter of 2021 with an annual growth of 81.6% reached 43.6 billion yuan ($ 6.7 billion), which is 49.7% of Xiaomi's total revenue this time. According to Canaliz, Xiaomi was among the top 5 brands in 65 global markets in the second quarter of this year, while it ranked first in 22 markets, which is the first time in 10 markets of this list.

    https://mobiletony.com Xiaomi Financial Report from the second quarter of 2021 - the first place in 22 countries





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