Xiaomi’s jubilee sale breaks record despite coronavirus pandemic

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Last updated on April 28th, 2023 at 07:15 pm

The company managed to sell 1.826 million smart products from the Internet of Things category, improving last year’s result by an impressive 160%

Recently, Xiaomi held a presentation of its new products, and also arranged the annual sale of the Xiaomi Mi Fan Festival, dedicated to the 10th anniversary of the Chinese technology giant.

Xiaomi-mi-fan-festival-2020

Now the company shared statistics, reporting that in just a day the company sold products for $ 410 million. The company managed to sell 1.826 million smart products from the Internet of Things category, improving last year’s result by an impressive 160 percent.

Lu Weibong, president of Xiaomi Group China and CEO of Redmi, confirmed that sales of TVs alone amounted to 231,000 units.

Thus, it is clear that the sale of the Xiaomi Mi Fan Festival was a huge success, despite the ongoing crisis in the industry due to the coronavirus pandemic.

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