GSMArena.com - Latest articles: Xiaomi posts record Q3 revenues, but smartphone sales drop

GSMArena.com - Latest articles GSMArena.com is the ultimate resource for GSM handset information. This feed contains the latest articles (news and reviews) in chronological order.

Xiaomi posts record Q3 revenues, but smartphone sales drop Nov 29th 2019, 18:36 Xiaomi's revenues for the third quarter of 2019 were higher than ever at $7.63 billion, but how it got there is more interesting. The company's IoT and Smart Home divisions were the main forces behind the growth while the Smartphone division fell slightly. Smartphone sales still make up the bulk of the sales at $4.59 billion, however, this number is 7.8% down year on year. Xiaomi shipped 32.1 million smartphones in Q3, which puts it in fourth place globally (9.2% market share as per Canalys). IoT devices and other consumer electronics accounted for $2.22 billion of the total revenue,...

You are receiving this email because you subscribed to this feed at blogtrottr.com. By using Blogtrottr, you agree to our policies, terms and conditions. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions.