Xiaomi delivered 43.9 million smartphones to the market in the third quarter of 2021 and earned $ 12.22 billion

By: Maksim Panasovskyi | 24.11.2021, 16:26

Xiaomi has reported its successes in the third quarter of 2021. The manufacturer was able to increase revenue and net profit, and the monthly number of active MIUI users is already exceeded 500 million...

According to the results of the third quarter of 2021, the manufacturer's revenue amounted to 78.06 billion yuan ($ 12.22 billion), an increase of 8.2% compared to the same period in 2020. Gross profit reached 14.29 billion yuan ($ 2.24 billion), + 40.6% over the base period. Adjusted net income rose more than a quarter (+ 25.4%) to 5.2 billion yuan ($ 0.81 billion).

From July to September 2021, Xiaomi delivered 43.9 million smartphones to the market, despite a global shortage of components. The volume of shipments of smart phones in the international market has almost tripled (+ 180%). Xiaomi also earned 20.9 billion yuan ($ 3.27 billion) in the segment of IoT products.