Xiaomi reports record-breaking financial results for 2024 | Infinium-tech

Xiaomi announced its financial results for Q4 2024 and the whole year. The company set a new record as a revenue of CNY 365.9 billion ($ 50.5 billion). It represents a significant 35% increase from the previous year, inspired by strong performances in all fields: smartphones, electric vehicles, IOTs and Internet services.

The revenue of the smartphone reached CNY 191.8 billion ($ 26.5 billion), which was 52% of the total sales. Xiaomi sold 169 million units in 2024, among the top three smartphone manufacturers in 56 countries and 13 among the top five in countries.

The report highlighted a speed in the category-wide premium, extending the premium market to new heights. Xiaomi captured 24.3% of CNY 4,000-5,000 ($ 550- $ 700) price segment and 9.7% in CNY 5,000-6,000 ($ 700- $ 850) segment range.

Globally, the Xiaomi ecosystem claims 700 million monthly active users (MAU), with just 170 million located in China. This figure covers smartphone users, smart home device owners, wearbals and even EVS.

Electric vehicles talk Xiaomi increased its delivery With each quarter, a total of 136,854 vehicles were sold in 2024. After the company already reached a total of 200,000 units, the delivery target for 2025 was adjusted up to 350,000 units.

Xiaomi su7 ultra

Xiaomi revealed 21,190 persons engaged in research and development. Investment in R&D was a target for CNY 30 billion ($ 4.15 billion) in 2025, with an amount of 24.1 billion ($ 3.3 billion), with an amount of 24.1 billion ($ 3.3 billion).

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