It was one First Record Quarter, that of Xiaomiwho announced the tax results of January-Marzo 2025 in the past hours. The Chinese giant, who started producing tailor -made Roma for Android devices and now even sells electric vehicles, has declared the equivalent of $ 15.48 billion in turnover, equal to an increase of no less than 47% compared to the same period of the previous year. The net profit was 1.49 billion dollars, no less than 65% more on an annual basis.
Both data were well above the expectations of the analysts. According to the President of the Company, LU Webing, this success was a direct consequence of the New Xiaomi strategy to concentrate more on premium band products. Weibing also took the opportunity to share some provisional feedback that was received on the YU7 Electric SUV, which It was presented a few days ago And whose sales will start in July: the feeling is that it could reach a wider audience than the previous SU7, which is a Tesla model s instead.
The Electric Vehicles division only generated, always in Q1, a turnover of 2.51 billion dollarsequal to 75,869 sub7. The smartphone division also went well, but let’s say it has made less sensation. The devices sent grew by 3%, always on an annual basis, for a total of 41.8 million. If there is nothing else, the income is around $ 7.02 billion, which is a +9% compared to the same period of the previous year. In general, the company has more or less 14% of the shares of the worldwide market for smartphone, at least according to Canalys estimates.
Xiaomi reports excellent growth in the tablet sectorOn the other hand: +56.1%, even, always on an annual basis. For the first time in its history, it means the third absolute position in the world market. The company is also second in the world for the amount of TWS sins.
For the future, Xiaomi wants to reach the finish line of the 350,000 cars produced per year, and wants to invest strongly in the next five years, around 27.76 billion dollars Research and development with regard to three important areas: Chips, AI and OS.
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