Business

Xiaomi announced how many phones it sold and made last year


Chinese smartphone maker Xiaomi has announced how many smartphones it will sell and how much it will earn in 2020.

Chinese smartphone maker Xiaomi, who shared a new post on the official Twitter account, said, “We managed to achieve great results in all business segments in a difficult year.” “This success would not have been possible without the incredible support of our Mi fans and partners,” he said.

According to the data, Xiaomi managed to generate a total revenue of $ 37.7 billion in 2020, which increased the company’s revenue by 19.4 percent over the previous year. In addition, the company’s net profit was $ 1.9 billion, an increase of 12.8 percent over the previous year.

Xiaomi said it will be the industry leader in smartphone sales growth in 2020. The company, which managed to increase sales by 17.5 percent compared to the previous year, sold 146.4 million smartphones in 2020. Xiaomi’s total revenue from smartphone sales in 2020 reached $ 23.3 billion, an increase of 24.6 percent over the previous year.

Xiaomi, in addition to all smart sales, also talked about “premium” segment smartphone sales. Accordingly, Xiaomi was able to sell 10 million smartphones with a price tag of 300 euros and higher in 2020. While this figure is small compared to giants like Samsung or Apple, it’s not a word for a company that is known for its price / performance models.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button