In Q1 2020, Xiaomi’s total revenue for the period reached RMB49.7 billion, representing an increase of 13.6% year-over-year. Adjusted net profit for the period was RMB2.3 billion, an increase of 10.6% year-over-year.
China Smartphone Market
China’s smartphone market closed at 369 million units in shipment in 2019, down 7% year-on-year.
Huawei has the largest market share of China's smartphone market (38.5% in 2019). Oppo, Vivo, Xiaomi, and Apple rank the second to the fifth respectively.
China’s domestic mobile phone shipments were 41.7 million in April 2020, up 14.2% year-over-year (YoY) according to China Academy of Information and Communications Technology (CAICT). 48 new models were released in the month, up 14.3% YoY. Over the past 4 months, domestic mobile phone shipments were 90.7 million and the number of new models were […]
In Q1 2020, China’s smartphone shipments totaled 72.6 million according to Canalys, a year-on-year decrease of 18%. Smartphone sales in China fell by 22% YoY and 24% QoQ in Q1 2020 due to the impact of COVID-19 Pandemic. The top five OEMs HOVX (Huawei, OPPO, Vivo, Xiaomi) and Apple accounted for a record 93% of […]
Baidu Smart Cloud officially released “Cloud Mobile Phone”. The so-called Cloud Mobile Phone is a virtual smartphone with all applications running on the cloud so that the performance of the mobile phones can no longer be limited by its hardware. Baidu Cloud Phone is a combination of ARM server, cloud computing, and Android OS. It […]
65% of Chinese consumers have postponed or canceled their traveling due to the impact of COVID-19, according to a survey by Strategy Analytics. 43%, 41%, and 37% have postponed or canceled the holidays, automobile purchases, and smartphone purchases respectively. Smartphones and 5G were not immune from delayed purchasing in China. 37% have delayed a new […]
In 2019, Xiaomi’s total revenue was RMB205.8 billion, an increase of 17.7% year-over-year. Adjusted net profit was RMB11.5 billion, an increase of 34.8% year-over-year. For Q4 2019, Xiaomi recorded RMB56.5 billion in revenue, an increase of 27.1% year-over-year, while adjusted net profit was RMB2.3 billion, an increase of 26.5% year-over-year.
Samsung captured 22% global smartphone market share in terms of sales volumes in February 2020, followed by Apple (14.4%), Huawei (13.2%), and Xiaomi (9.2%), according to research company Counterpoint. Huawei performed well above expectations, selling more than 12 million smartphones during February, seeing just a 1% drop in global market share. Global Smartphone Sales in […]
China mobile phone shipment dropped by 38.9% YoY to 20.81 million units in January 2020, according to China Academy of Information and Communications Technology.
Global smartphone shipments grew 1% and reached 368.7 million units in Q4 2019, according to data from research company Canalys. Apple grew by 9% to 78 million units with 21.3% market share, followed by Samsung (70.2 million, 19.2%) and Huawei (56M, 15.2%). Xiaomi took fourth place, growing 23% to 33 million units with 9% market […]
Xiaomi last week unveiled its annual smartphone flagship devices: Mi 10 Pro and Mi 10. The Mi 10 series is among the firsts to feature Qualcomm Snapdragon 865 and boasts a 108MP 8K-enabled camera and an immersive audio experience with a dual stereo speaker system.
The number of connected IoT devices on Xiaomi’s IoT platform reached approximately 213.2 million in Q3 2019, up 62.0% YoY. The number of users who have five or more devices connected to Xiaomi’s IoT platform increased to 3.5 million, an increase of 78.7%. MAUof MIUI, Xiaomi’s Android-based operating system, reached 291.6 million. In September 2019, […]
Worldwide smartphone shipments increased 0.8% year over year in Q3 2019 after seven quarters of decline and Huawei doubled down on China, according to IDC. In total, companies shipped a total of 358.3 million smartphones during the quarter, which was up 8.1% QoQ.
Xiaomi launched multiple smart devices this week including several smartphones (Mi CC9 Pro, Mi Note 10, Redmi Note 8T), smart watch Mi Watch, and Mi TV 5.
In the first three quarters of 2019, the total number of mobile phone users of the three telecommunications companies in China, including China Mobile, China Unicom, and China Telecom, reached 1.598 billion, an increase of 3.3% according to the Ministry of Industry and Information Technology of China.
Mini programs competition is heating up with ByteDance building its own ecosystem on its leading apps short-video TikTok and news Toutiao. With Alipay and Baidu following closely, WeChat is stepping up its Mini Program game by going beyond the WeChat interface and partnering with hardware vendors like Samsung.