#Xiaomi corporation

Xiaomi Corporation has recently published its very first intellectual property (IP) white paper, showcasing the 29,000 patents it has obtained globally. According to Xiaomi, its achievement in global patents spans over 60 countries and regions worldwide, and it has invested in research and development in 12 technological fields, such as 5G technology, big data, cloud computing, and artificial intelligence. Xiaomi Corporation has announced its unaudited consolidated results for Q2 2021 ended June 30, 2021, showing the its business performance across all segments. In the second quarter of 2021, Xiaomi's total revenue amounted to RMB 87.8 billion, representing an increase of 64.0% year-over-year; adjusted net profit for the period was RMB 6.3 billion, an increase of 87.4% year-over-year. Xiaomi smartphone revenue amounted to RMB 59.1 billion in the reporting period; representing an increase of 86% year-over-year. According to Canalys, Xiaomi's global smartphone shipments ranked No. Additionally, in the second quarter of 2021, Xiaomi's loT and lifestyle product segment maintained growth with revenue increasing 35.9% year-over-year to RMB 20.7 billion. Furthermore, Xiaomi's internet services amounted to RMB 7.0 billion, which is a record high according to the corporation, representing an increase of 19.1 year-over-year. Read more in our articles including "Xiaomi releases its first intellectual property white paper" and "Xiaomi reports solid revenue and profit growth for Q2 2021".