Xiaomi Q3

Xiaomi Corporation has announced its unaudited consolidated results for three months, which ended September 30, 2022 (3rd Quarter of 2022), posting revenue of RMB 70.5 billion and a net profit of RMB 2.1 billion. Xiaomi reported that it was able to maintain its smartphone market share worldwide, despite the "weakening demand" for smartphones globally. According to Canalys, Xiaomi maintained its No. The report also stated that Xiaomi's smartphone shipments increased by 2.8% to 40.2 million units in the third quarter of 2022, which was a quarter-over-quarter increase for the second consecutive quarter. In particular, Xiaomi emphasized the market recognition it gained through the technological innovations it produced with its premium products, specifically its flagship Xiaomi 12S Ultra and its foldable, Xiaomi MIX Fold 2. Xiaomi said that even with "external headwinds," Xiaomi continues to enjoy a "solid" global business through its resilient business model. Following the availability of the Redmi few days ago, Lazada is now offering the flagship Xiaomi Mi3 for under Php15K. Popular Chinese consumer electronics company, Xiaomi, has announced that it is set to introduce its products to ten new markets, including the Philippines, this 2014. Read more in our articles including "Xiaomi reports solid revenue, profit in 2022 Q3" and "Xiaomi Mi3 now available on Lazada for Php14,999".