Xiaomi reports 25% increase in net profit in Q3, MIUI now has 500M users

Posted by Payton Wilmott On Wednesday, November 24, 2021 0 comments

The Xiaomi Group posted its Q3 report, revealing some pretty impressive numbers. There are 500 million monthly active users of MIUI, and the brand is #1 in the Chinese TV market. In the world of smartphones, the company pushed 43.9 million devices, despite the shortage of components, which is a 4.4% increase yearly. Xiaomi Q3 Results The total revenue for Q3 2021 was CNY78.1 billion, 61% (or CNY47.8 billion) from smartphone sales. The yearly growth is 8.2%, but the net profit is CNY5.2 billion, 25.4% more than Q3 2020. According to Xiaomi, 18 million of the shipped devices...



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