Personal View site logo
Make sure to join PV on Telegram or Facebook! Perfect to keep up with community on your smartphone.
Please, support PV!
It allows to keep PV going, with more focus towards AI, but keeping be one of the few truly independent places.
Xiaomi aka the Monster
  • Vitaliy_KiselevVitaliy_Kiselev

  • 62 Replies sorted by
  • Vitaliy_KiselevVitaliy_Kiselev

    Electronics and home appliance maker Xiaomi announced that in the first quarter of 2022, revenue decreased by 4.6% to 73.4 billion yuan ($10.9 billion). This was facilitated by severe restrictions imposed by the Chinese authorities to combat the spread of coronavirus infection, as well as a global shortage of components.

    Xiaomi's net loss for the first three months of 2022 was 587.6 million yuan (about $80 million), while a year earlier for the same period a profit of 7.8 billion yuan ($1.16 billion) was made. Against this backdrop, the largest Chinese smartphone maker continues to lose global market share, due to which main competitors such as Samsung and Apple continue to increase sales.

  • Vitaliy_KiselevVitaliy_Kiselev

    Vice President of Xiaomi Lu Weibing said that Xiaomi plans to bypass Samsung and Apple in the smartphone market and take the top spot within three years.

  • Vitaliy_KiselevVitaliy_Kiselev

    image

    sa18414.jpg
    769 x 503 - 69K
  • Vitaliy_KiselevVitaliy_Kiselev

    According to Counterpoint Technology Market Research estimates, 323.1 million smart cellular devices were sold globally in the second quarter of this year, which is 17% more than in the same period of 2020. The leader is the South Korean giant Samsung, which controls about 18% of the industry. Xiaomi was able to move up to second place, ahead of Apple: their shares were 16% and 15%, respectively.

    It is noted that in the period from April to June inclusive, Xiaomi sold more than 52 million smartphones. For the first time, according to the results of the quarter, this company took the second place in the ranking of the leading players in the world market.

    According to the co-founder and CEO of Xiaomi Lei Jun, Xiaomi intends to become the leader in the smartphone market. Moreover, the company is going not only to take the first place, but also to keep it for a long time.

  • Vitaliy_KiselevVitaliy_Kiselev

    According to an industry report, Chinese tech giant Xiaomi Corp. overtook Apple Inc. and became the world's largest supplier of wearable bracelets in the second quarter of 2021. Xiaomi took the leading position with shipments of 8 million units during this period, taking almost 20 percent of the market share, data from technology market research firm Canalys showed.

  • Vitaliy_KiselevVitaliy_Kiselev

    Xiaomi has set up its electric vehicle (EV) business and completed company registration in China on September 1 with a registered capital of CNY10 billion (US$1.55 billion).

    The registration came shortly after Xiaomi's announcement to acquire the self-driving technology developer DeepMotion. Xiaomi first revealed its plans to make EVs at the end of this March.

  • Vitaliy_KiselevVitaliy_Kiselev

    Xiaomi is killing off the Mi branding for its smartphones. Future flagships will just be known as Xiaomi phones (this actually already started with the recent Xiaomi Mix 4). But the Redmi and Poco brands remain for budget & mid-range devices.

  • Vitaliy_KiselevVitaliy_Kiselev

    image

    sa18021.jpg
    716 x 570 - 42K
  • Vitaliy_KiselevVitaliy_Kiselev

    According to Canalys' latest research report, Chinese handset maker Xiaomi became the number-one smartphone brand in Thailand with a 21% market share in the second quarter this year, surpassing Samsung for the first time. Samsung fell to third place with a 19% market share.

    According to Bangkok Post, Xiaomi's smartphone shipments in the second quarter increased 200% on year. Xiaomi Thailand's country manager Jonathan Kang said Xiaomi has been investing consistently in high-end technology and innovations, which has attracted customers.

  • Vitaliy_KiselevVitaliy_Kiselev

    image

    sa17708.jpg
    800 x 440 - 74K
  • Vitaliy_KiselevVitaliy_Kiselev

    Xiaomi is now the second largest smartphone vendor based on worldwide shipments in the second quarter of 2021, according to a new report from Canalys. The Chinese company captured 17 percent of global market share, according to the research firm, just behind Samsung’s 19 percent but ahead of Apple’s 14 percent.

    https://www.canalys.com/newsroom/global-smartphone-market-q2-2021?ctid=2143-0b9f92413ead631983febced55e12cd8

  • Vitaliy_KiselevVitaliy_Kiselev

    In the period from January to March inclusive, Xiaomi received 76.88 billion yuan (approximately $ 12 billion) in revenue. This is an impressive 55% more than in the first quarter of last year.

    Gross profit was about 14.16 billion yuan ($ 2.2 billion), up 87.4% from a year ago. Adjusted net income jumped 163.8% at all, reaching 6 billion yuan ($ 0.94 billion).

    “During the first quarter of 2021, both our total revenues and adjusted net income reached record highs for the quarter, demonstrating the robustness of the business model and the 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 around the world, ”the company notes.

  • Vitaliy_KiselevVitaliy_Kiselev

    The US government has agreed to remove Xiaomi from a Trump administration blacklist after the company filed a lawsuit earlier this year, according to court documents seen by Bloomberg. Xiaomi was added to a US military list of alleged Chinese military companies in January, which would have blocked American investment in the firm

    Rumors are it is because Xiaomi will join Huawei soon in the new sanctions package.

  • Vitaliy_KiselevVitaliy_Kiselev

    image

    sa17232.jpg
    791 x 436 - 64K
  • Vitaliy_KiselevVitaliy_Kiselev

    According to Xiaomi, at the end of 2020, the company had 19 thousand patents in its hands, half of which were obtained in China. In addition, the company has filed over 27,000 trademark applications covering more than 160 countries.

    It is very bad thing, as Xiaomi became one of the leaders going against interests of Chinese people.

    Same thing here is region locks for smart home accessories and cameras, encryption and serialization in all their new smartphones and so on.

  • Vitaliy_KiselevVitaliy_Kiselev

    image

    sa16889.jpg
    797 x 572 - 86K
  • Vitaliy_KiselevVitaliy_Kiselev

    Xiaomi took leading position in the smartphone market in Mordor. This is reported by Counterpoint Research.

    The report says that the share of Xiaomi in the fourth quarter of 2020 in the Mordor market was 31 percent. For comparison, exactly a year ago the company's share was 19.2 percent. The second and third places were taken by Samsung and Apple, which occupied 27 and 15.5 percent of the market, respectively. Below are the Chinese brands Huawei and Realme.

    Analysts noted that Xiaomi took the lead in the Mordor market despite the fact that in the fourth quarter of the year, total smartphone sales in the country fell by 11 percent as orks become poorer.

    Nice.

  • jleojleo

    Xiaomi’s own air purifier was developed in partnership with a local company it invested in called Zhimi Technology. On Thursday, Zhimi responded by stating that its air purifier was completely different from Balmuda’s in terms of technology and exterior design. Zhimi highlighted the differences between the two products in pictures posted side-by-side. To develop the air purifier, the Chinese firm said it applied for 31 different technology patents relating to the fan and other key components.

    Products including refrigerators, televisions, air conditioners all use a similar exterior look that’s based on mature design concepts, the company said. “We disagree with arguments that say ‘we must be different for the sake of being different,’ or that ‘we need to reinvent the wheel.’” it added.
  • Vitaliy_KiselevVitaliy_Kiselev

    @stonebat

    Check the year, 2014. Very very early.

  • stoneystoney

    https://www.gizmochina.com/2014/12/09/xiaomis-air-purifierborrowing-design-balmuda-airengine/

  • Vitaliy_KiselevVitaliy_Kiselev

    @stonebat

    Xiaomi copied Balmuda’s air purifier, fan, and lamp.

    Can you post exact comparison photos?

  • stoneystoney

    Xiaomi copied Balmuda’s air purifier, fan, and lamp.

  • Vitaliy_KiselevVitaliy_Kiselev

    @stonebat

    Are you high today?

    Xiaomi products usually not copy of anything, at least in last 3-4 years I saw none of such.

  • stoneystoney

    Xiaomi aka the copycat

  • Vitaliy_KiselevVitaliy_Kiselev

    Same things in words

    Xiaomi overtook Apple in phone sales during the third quarter of 2020, climbing from 32.9 million handsets a year earlier (8.5 percent of the market) to 44.4 million (12.1 percent) this summer. Apple gained share, too, but its 40.6 million iPhone sales were a slight dip from 2019.

Add a Comment