Xiaomi Had a Great 2019 With Mi TV And Lifestyle Products Complementing Strong Smartphone Sales
4 years, 9 months ago

Xiaomi Had a Great 2019 With Mi TV And Lifestyle Products Complementing Strong Smartphone Sales

News 18  

Chinese conglomerate Xiaomi on Tuesday announced that its total revenue for 2019 exceeded 200 billion Chinese Yuan for the first time, reaching 205.8 billion Chinese Yuan, up 17.7 per cent year-on-year. In the fourth quarter of 2019, Xiaomi’s total revenue grew by 27.1 per cent to 56.5 billion Chinese Yuan. In 2019, Xiaomi’s revenues of the smartphones segment reached RMB 122.1 billion, up 7.3 per cent YoY. In 2019, Xiaomi’s revenues of the IoT and lifestyle products segment were RMB 62.1 billion, an increase of 41.7 per cent YoY.

History of this topic

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