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
Apple, Samsung Lead Smartphone Market Recovery
US-Banned Xiaomi Launches $99 Smart Speaker & Foldable eScooter In Australia
Brand Sold By JB Hi-Fi Blacklisted
New S21 Samsung Galaxy Smartphone Confirmed For Jan 14 Launch
Apple Slumps To 4th Spot In Smartphone Market Overtaken By Chinese Brand