Xiaomi Q1 results 30M phones vended, 600M active druggies reached


 Xiaomi Q1 results 30M phones  vended, 600M active  druggies reached :

Xiaomi posted its  fiscal report for Q1 2023, and the  figures look promising for the Chinese manufacturer that's about to join the EV game as well. The company had594.8 million yearly active  druggies between January and March 2023, and it managed to reach the 600 million  corner by the time the  advertisement was published.   The smartphone business reached CNY 35B( just under$ 5 billion) in  profit, shipping30.4 million  bias. The ASP was CNY 1,152($ 163),  adding 2.7 over the  former quarter.   Xiaomi ranked third in Q1 2023 with a  request share of11.3, but the front- runners Apple and Samsung  packed   nearly twice the number of phones each between January and March.   At its home  request, the company  bettered by22.2 QoQ in terms of units  vended, but vivo managed to surpass it, pushing Xiaomi fourth; Apple was first, and Oppo came second. 

The total  profit was CNY59.5 B($8.43 B), and the acclimated net profit was CNY3.2 B($ 450 million), but if we include charges related to the smart EV business, the number was actually CNY1.1 B($ 150 million).  Xiaomi is a company that also invests in AIoT- the number of connected  bias increased to 618 million, with12.3 million  druggies having 5 or  further  similar  bias. profit from smart large home appliances,  similar as fridges, air conditioners, and washing machines, increased 60 YoY.2.8 million TVs were  packed , bringing Xiaomi among the Top 5 companies for Smart TVs.   We also learned Xiaomi is planning to reduce  hothouse gas emigrations by at least 70 by 2030 and 98 by 2040, setting a pathway for achieving net zero emigrations. 

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