Home > Industry > Xiaomi Posts Record Sales

Xiaomi Posts Record Sales

Chinese smartphone maker Xiaomi shipped 23.16 million smartphones in the second quarter of 2017, up 70 percent on the same period last year and a record high for quarterly smartphone shipments.

“Xiaomi is once again embarking on a rapid growth trajectory,” said the company’s co-founder and CEO Lei Jun. Lei attributed the success partly to increasing investment in R&D and a comeback after supply issues last year.

According to IDC, Xiaomi – sometimes known as Mi in China – was the fifth biggest shipper of smartphones in the nation in Q1 with 9 percent of the action.

You may also like
Facing Security Questions About Their Smartphones Oppo Moves To Hide Camera
Apple Tipped To Launch Two 5G Phones In 2020
Samsung’s Budget Phone Gets Cheaper On Telstra Pre-Paid
Coles Recalls Charger Over Shock Risks
Nintendo Moves Switch Out Of China, New Models Tipped