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xiaomi smartphone huawei 5G
Posted inThe Numbers

Xiaomi revenue growth accelerates on weaker Huawei

by Wei Sheng Nov 25, 2020Nov 25, 2020

Xiaomi posted its fastest pace of revenue growth in the third quarter since its 2018 listing but warned of a ‘supply chain shortage.’

China tech investor, GSX,
Posted inThe Numbers

Xiaomi spent $65 million on share buybacks this week

by Wei Sheng Apr 16, 2020Apr 16, 2020

The buybacks of Xiaomi shares come during turmoil in Asian markets. The global smartphone market is expected to be severely hit by the coronavirus outbreak.

xiaomi smartphone huawei 5G
Posted inThe Numbers

Xiaomi says production almost back to normal, warns of overseas handset demand

by Wei Sheng Mar 31, 2020Mar 31, 2020

Xiaomi is selling the idea that smartphones are necessary goods and idemand will bounce back after the pandemic is over.

smartphone xiaomi apple electric vehicles intelligent car iot china
Posted inThe Numbers

Xiaomi’s Q3 growth slows amid dwindling smartphone sales, Huawei competition

by Wei Sheng Nov 28, 2019Mar 17, 2020

The company expressed optimism about the upcoming ‘5G era’ for its smartphone business.

Posted inThe Numbers

Xiaomi second-quarter revenue jumps 15% as it sells more premium phones

by Wei Sheng Aug 21, 2019Mar 17, 2020

Xiaomi is sharpening its focus on the fast-growing premium handset segment as the global smartphone market continues to decline

v9 architecture chips semiconductor SMIC
Posted inThe Numbers

China made 6% of chips it used in 2020: report

by Wei Sheng Feb 19, 2021Feb 19, 2021

China, the world’s largest semiconductor market, is highly reliant on foreign technology and aims to make 70% of the chips it uses by 2025.

Posted inThe Numbers

Xiaomi disputes IDC’s estimate of its Q1 smartphone shipments

by Wei Sheng May 5, 2019Jun 8, 2020

Research firm IDC estimated in a report released April 30 that Xiaomi’s smartphone shipment volume for Q1 2019 fell 10.2% to 25.0 million units.

Posted inThe Numbers

Briefing: Xiaomi anniversary promotion sales nearly double, AIoT credited

by Wei Sheng Apr 10, 2019Jun 8, 2020

The revenue from the one-day festival surpassed that of the event last year by RMB 900 million.

Posted inThe Numbers

Xiaomi buys back 6 million shares as stock prices fall

by Jill Shen Jan 18, 2019Jun 8, 2020

Xiaomi’s share price slumped around 20% in the days preceding the expiry of the company’s six-month lockup period.

Posted inThe Numbers

Xiaomi’s overseas sales offset slowing China growth, Q1 revenue surges 27%

by Wei Sheng May 21, 2019Jun 8, 2020

Xiaomi is weathering a shrinking smartphone market in China by increasing focus on others such as India and Europe.

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