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Xiaomi triumphs in Q2 2024: smartphone and electric vehicle sales are increasing

  • August 23, 2024
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Xiaomi Ha recently announced its Q2 (second quarter) financial results for 2024, which showed a significant increase in total revenue thanks to strong smartphone sales. Xiaomi reported sales

Xiaomi triumphs in Q2 2024: smartphone and electric vehicle sales are increasing

Xiaomi Ha recently announced its Q2 (second quarter) financial results for 2024, which showed a significant increase in total revenue thanks to strong smartphone sales. Xiaomi reported sales figures for its electric vehicle SU7, reporting 27,307 units sold since the model went on sale in April.

Xiaomi triumphs in Q2 2024: smartphone and electric vehicle sales are increasing

Between April and June, smartphone revenue was 46.5 billion yuan (about $6.5 billion). rispetto with a 27% increase in the same period of the previous year. Xiaomi huh? Speedito 42.2 million per unitSub-brands Redmi and Poco included. Premium smartphones represented 22.1% of all shipments, a year-on-year improvement for Xiaomi. This segment includes models sold in mainland China that cost more than 3,000 yuan (about $420); some of these, such as the Xiaomi 14 Pro or the Xiaomi Mix Fold 3, are not available outside the home market.

Still Xiaomi nothing but a smartphone for the consecutive three-month period, Apple and Samsung diets. However, it remains among the top two in the Latin America and Middle East region with 18.6% and 21.2% market share, respectively.

Province The total number of users in the Xiaomi ecosystem is now 676 millionThis figure is even more impressive when you consider that the number of users in mainland China is 164 million, meaning three out of four users are outside the domestic market.

Xiaomi founder and chairman Lu Weibing said in a media interview following the report about the service that the company is on a good track in terms of delivery 120,000 cars by the end of 2024and factory stanno or lavorando water, to satisfy the domanda.

Xiaomi reported revenue of 6.4 billion yuan (about $900 million) from its smart electric vehicle business, but is still operating at a loss with a deficit of 1.8 billion yuan (about $252 million). By increasing the ranking, you prevent the automotive sector from realigning according to the pace.

Source: T Today

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