Xiaomi has published its Q3 2025 financial report and the numbers are glowing – this is the fourth consecutive quarter with more than CNY 100 billion in revenue. Xiaomi’s smartphone business is well established at this point and it continues to perform – the company shipped 43.3 million units globally, which marks the 9th consecutive quarter of growth. Globally, Xiaomi is in the Top 3 and it is #2 in China. Revenue from the smartphone division was CNY 46 billion. Xiaomi saw higher demand for its phones in the CNY 4,000-6,000 segment (that is $560-$845), which accounted for 18.9% of its...

Xiaomi follows up on its record-setting Q1 with a similarly strong Q2 result this year. Total revenue for the Xiaomi group reached a record high of CNY 116 billion, which is a 30.5% increase compared to the second quarter last year. The smartphone business remains Xiaomi’s biggest segment, followed by IoT and Lifestyle products, but the combined Smart EV, AI and Other New Initiatives segment is growing quickly. Impressively, this is the fifth consecutive quarter of year-over-year (YoY) growth of over 30%. This is also the third consecutive quarter with revenues of over CNY 100 billion....