Friday, June 6, 2025
Phonemantra
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
Phonemantra
No Result
View All Result
Home Xiaomi

Xiaomi is actively raising the prices of its smartphones

According to the results of the last quarter

Xiaomi is experiencing financial difficulties. According to Reuters, the Chinese giant’s fourth-quarter revenue fell 22.8%.

Xiaomi
Xiaomi

During the reporting period, the company earned about $9.6 billion, which is 22.8% less than a year earlier. The fall is blamed on the decline in demand in the market as a whole, which is indeed taking place, but the bottom line is that this is the fourth quarter in a row for Xiaomi when its revenue has fallen. 

Xiaomi is actively raising the prices of its smartphones

Net profit in the last quarter completely collapsed by 67.3%, to $212 million. The company notes that it will take time to achieve a significant recovery in sales and profits, and further declines may occur in the first half of 2023.  

Recall that Xiaomi began to actively raise prices for its smartphones in Europe. The top Xiaomi 13 Pro was priced at 1300 euros, and Xiaomi 13 Ultra still looms ahead. In addition, the other day it became known that Redmi Note 12 Pro +, which in China costs only $ 290, in Europe will cost buyers a fabulous 500 euros.

  • 0Facebook
  • 0WhatsApp
  • 0Twitter
  • 0Pinterest
  • 0Reddit
  • 0Telegram
  • 0Skype
  • 0Facebook Messenger
  • Copy Link
  • 0Print
  •  shares

Related Posts

Xiaomi 15 Ultra: Expected Launch, Features, and Innovations for Early 2025
Tech News

Xiaomi 15 Ultra: Expected Launch, Features, and Innovations for Early 2025

December 3, 2024
Xiaomi 15
Mobiles

Xiaomi 15: A Flagship Powerhouse Ready

November 23, 2024
Xiaomi HyperOS
Mobiles

Xiaomi Unveils HyperOS Rollout Plan for India

March 1, 2024
Xiaomi 14 Ultra
Mobiles

Xiaomi 14 Ultra Unveiling in China on February 22: A Sneak Peek into the Anticipated Launch

February 19, 2024
Xiaomi 14 Ultra
Mobiles

Xiaomi 14 Ultra: Leaks Hint at Leatherette, Glass, and Titanium Variants

February 14, 2024
Xiaomi-14-Ultra
Mobiles

Xiaomi 14 Ultra: Leaks Reveal Powerful Specs, Familiar Price Tag

February 12, 2024

Recommended Stories

Hisense world’s first smartphone with a color display on electronic ink out on April 23

April 10, 2020 - Updated on December 8, 2022
trucks

The Chinese are already making pickup trucks as good as the Americans

April 8, 2023
Whippets Drug

Whippets Drug: What You Need to Know

May 1, 2023

Ads

Popular Stories

  • Coping with Diabetes During the Summer Heat

    Coping with Diabetes During the Summer Heat

    0 shares
    Share 0 Tweet 0
  • Food Allergies

    0 shares
    Share 0 Tweet 0
  • Why Colon Health Should Be a Top Priority

    0 shares
    Share 0 Tweet 0
  • The Importance of Speaking Up About Healthcare Decisions

    0 shares
    Share 0 Tweet 0
  • The Truth About Dieting

    0 shares
    Share 0 Tweet 0
Phonemantra

© 2025 Phonemantra

Navigate Site

  • Our Team
  • Sitemap
  • Legal Disclaimer
  • Privacy Policy
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming

© 2025 Phonemantra