Xiaomi Corporation has announced its unaudited consolidated results for three months, which ended September 30, 2022 (3rd Quarter of 2022), posting revenue of RMB 70.5 billion and a net profit of RMB 2.1 billion.
Xiaomi reported that it was able to maintain its smartphone market share worldwide, despite the “weakening demand” for smartphones globally.
According to Canalys, Xiaomi maintained its No. 3 global smartphone shipment ranking with a 13.6% market share.
The report also stated that Xiaomi’s smartphone shipments increased by 2.8% to 40.2 million units in the third quarter of 2022, which was a quarter-over-quarter increase for the second consecutive quarter.
In particular, Xiaomi emphasized the market recognition it gained through the technological innovations it produced with its premium products, specifically its flagship Xiaomi 12S Ultra and its foldable, Xiaomi MIX Fold 2.
The Chinese company also highlighted its success in its smart living, home appliance, and lifestyle products with a record high 70% growth. This includes their smart air conditioners, smart TVs, and refrigerator shipments.
Xiaomi said that even with “external headwinds,” Xiaomi continues to enjoy a “solid” global business through its resilient business model. This is emphasized by its three guiding principles of “never cease to explore and innovate, continue to offer products with strong price-to-performance ratio, and seek to make the coolest products.”
YugaTech.com is the largest and longest-running technology site in the Philippines. Originally established in October 2002, the site was transformed into a full-fledged technology platform in 2005.
How to transfer, withdraw money from PayPal to GCash
Prices of Starlink satellite in the Philippines
Install Google GBox to Huawei smartphones
Pag-IBIG MP2 online application
How to check PhilHealth contributions online
How to find your SIM card serial number
Globe, PLDT, Converge, Sky: Unli fiber internet plans compared
10 biggest games in the Google Play Store
LTO periodic medical exam for 10-year licenses
Netflix codes to unlock hidden TV shows, movies
Apple, Asus, Cherry Mobile, Huawei, LG, Nokia, Oppo, Samsung, Sony, Vivo, Xiaomi, Lenovo, Infinix Mobile, Pocophone, Honor, iPhone, OnePlus, Tecno, Realme, HTC, Gionee, Kata, IQ00, Redmi, Razer, CloudFone, Motorola, Panasonic, TCL, Wiko
Best Android smartphones between PHP 20,000 - 25,000
Smartphones under PHP 10,000 in the Philippines
Smartphones under PHP 12K Philippines
Best smartphones for kids under PHP 7,000
Smartphones under PHP 15,000 in the Philippines
Best Android smartphones between PHP 15,000 - 20,000
Smartphones under PHP 20,000 in the Philippines
Most affordable 5G phones in the Philippines under PHP 20K
5G smartphones in the Philippines under PHP 16K
Smartphone pricelist Philippines 2024
Smartphone pricelist Philippines 2023
Smartphone pricelist Philippines 2022
Smartphone pricelist Philippines 2021
Smartphone pricelist Philippines 2020