Xiaomi sold 190 million smartphones and topped 14 markets

We have already reported that Xiaomi has officially released the financial report for the fourth quarter and full year 2021, in which it reported on achieving excellent results. In this note, we are talking, in particular, about the division of smartphones.

In total, 190.3 million smartphones were sold, which is 30% more than in 2020. Of these, 24 million are in the premium segment, which is 160% more than in the previous year. Total revenue from smartphone sales exceeded $32 billion. It turns out that from each smartphone an average of $ 170.

Xiaomi sold 190 million smartphones and topped 14 markets

Xiaomi continues to expand its global footprint. The financial report showed that almost half of the total revenue came from overseas markets. Xiaomi’s worldwide popularity is confirmed by its presence in the top five manufacturers in 62 markets worldwide, 14 of which it is the most successful smartphone manufacturer.

The company is trying to expand its portfolio with artificial intelligence products, and 2021 results showed that revenue from other smart devices increased by more than 26% per year to $13.6 billion. In the business of air conditioners, refrigerators and washing machines, the annual growth was 60%.

The monthly active users of MIUI in the world were 509 million in 2021, up 28.4% from 2020. Xiaomi also makes money from ads in its user interface, and revenue in this segment grew by 42.3% to $2.8 billion.

Source: ixbt

You may also like