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’s revenue and profit in the first quarter of 2021 were record-breaking

Xiaomi is one of the three largest smartphone manufacturers

Xiaomi has published a report for the first quarter of 2021. It says that revenue for the reporting period was approximately $ 12.0 billion. In annual terms, this indicator increased by 54.7%.

Xiaomi revenue
Xiaomi revenue

Xiaomi’s revenue and profit in the first quarter of 2021 were record-breaking

Gross profit increased by 87.4% compared to the first quarter of 2020 to approximately $ 2.2 billion.

Adjusted net income was approximately $ 0.94.6 billion, up 163.8% on an annualized basis.

A commentary to the financials said: “During the first quarter of 2021, both our total revenues and adjusted net income hit record highs for the quarter, which is evidence of the robustness of the business model and clear implementation of the company’s strategies. The meteoric rise in smartphone shipments has led to a continuous expansion of the company’s user base. Our AIoT platform continues to scale globally. In addition to the steady growth of the company’s existing business areas, we also continue to explore new opportunities and expand business horizons. In March 2021, we unveiled a new brand identity for Xiaomi and also announced our official entry into the smart electric vehicle business, setting a course for an exciting journey that will provide the company with a bright future in the next decade. “

Recall that Xiaomi was founded in April 2010, and according to the results of the last quarter, it ranks third among smartphone manufacturers with a share of 15% .

  • 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

benefits of kangen water

Fountain of Health, Incredible Benefits of Kangen Water

October 19, 2023
camry vs corolla

Camry vs Corolla: Comparison of Toyota’s Iconic Sedans

October 3, 2023 - Updated on October 4, 2023

Gears 5, Sea of ​​Thieves and DIRT 5: Some games on Xbox Series S take 20-60% less space than Series X

November 10, 2020 - Updated on December 8, 2022

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