Xiaomi shipped a record 46.6 million phones in Q3

Smart Android And Trik-Commenting on Andorid indeed never endless, because smart devices this one is often updated every certain amount of time. So that the market can always be garapnya menerinya with pleasure. And it is not denied if this device has become the lifestyle of each society. To not wonder if the 6th business information and many are turning to mobail smartphone. With Android which thoroughly dominated the mobile industry, choosing the best Android smartphone is almost identical to choose the best smartphone, period. But while Android phones have few real opponents on other platforms, internal competition is intense.

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Xiaomi’s latest financial report indicates a milestone with 46.6 million smartphone shipments and CNY 47.6 billion ($7.2 billion) in smartphone revenues during the July 1-September 30 period. The number of shipped phones is 45.3% greater than the same period of last year and based on Canalys’ global smartphone shipments report, Xiaomi is now the third biggest smartphone brand globally with a 13.5% market share.

Xiaomi Q3 performance

Total revenues grew to CNY 72.2 billion ($10.9 billion) which is up by 34.5% compared to the same period last year. Net profits came up to CNY 4.1 billion ($621 million). The average selling price (ASP) of Xiaomi phones increased to CNY 1,022 ($155) per unit driven by sales of flagship Mi phones in Q3 2020.

Revenues from outside China also grew to CNY 39.8 billion ($6.03 billion) which is up by 52.1% compared to last year. AIoT revenues climbed to CNY 18.1 billion ($2.7 billion) up by 16.1% from Q3 2019.

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