Xiaomi Corp Class B ( (XIACF) ) has released its Q1 earnings. Here is a breakdown of the information Xiaomi Corp Class B presented to its investors.
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Xiaomi Corporation, a leading global technology company, is renowned for its innovative consumer electronics and smart manufacturing, operating primarily in the smartphone and AIoT sectors. The company has a strong presence in the smart electric vehicle and AI industries as well.
In its latest earnings report for the first quarter of 2025, Xiaomi Corporation announced a record high in both revenue and profitability, with total revenue reaching RMB111.3 billion, a 47.4% increase year-over-year. The company also reported significant growth in its smartphone and AIoT segments, alongside advancements in its smart electric vehicle and AI initiatives.
Key highlights from the report include a 22.8% increase in revenue from the smartphone and AIoT segment, reaching RMB92.7 billion, and a 64.5% rise in adjusted net profit to RMB10.7 billion. Xiaomi’s global smartphone shipments grew by 3.0% year-over-year, maintaining its top 3 global ranking. The company also launched new products, including the Xiaomi 15S Pro and the Xiaomi YU7 Series luxury SUV, showcasing its commitment to innovation.
Xiaomi’s strategic focus on research and development is evident, with R&D expenses increasing by 30.1% year-over-year. The company continues to expand its user ecosystem, with the number of connected IoT devices reaching 943.7 million, a 20.1% increase year-over-year. Xiaomi also emphasizes its commitment to corporate social responsibility, with significant efforts in low-carbon development and supply chain sustainability.
Looking ahead, Xiaomi’s management remains optimistic about the company’s growth trajectory, with plans to further invest in core technologies and expand its retail presence globally. The company aims to continue its leadership in the technology sector by focusing on innovation and sustainable practices.
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