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[Weekly News] [Xiaomi Weekly #98] Xiaomi becomes the World’s leading 5G Smartphone Brand, Redmi 10 announced, More

2021-08-30 15:22:46
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Hello Mi Fans,

We are here with the weekly round-up - Xiaomi Weekly which features News from Xiaomi Global and important highlights which you can't afford to miss. Our team covers latest news about Xiaomi from around the world. Our team tries to bring in all the latest information to the readers at the earliest. Here are the major news from Xiaomi last week.

Headlines :
1. Xiaomi becomes the World’s leading 5G Android Smartphone Brand
2. Xiaomi Announces Redmi 10: Reinventing The Entry-level Smartphone Experience at All Fronts
3. Xiaomi reports solid revenue and profit growth in 2021 Q2


1. Xiaomi becomes the World’s leading 5G Android Smartphone Brand

Xiaomi has announced that its brand is the number one brand in the global 5G Android smartphone market, citing data from analysts at research firm Strategy Analytics. Xiaomi’s market share was 25.7 percent in the second quarter of 2021, according to the results. During the reporting period, the Chinese company shipped a total of 24 million smartphones under the Mi and Redmi brands, with support for fifth-generation cellular networks.

Vivo, a Chinese company, is the second-largest manufacturer of 5G smartphones with Android, with about 18.5 percent of the global market. With a 17.9% market share, OPPO is in third place. Samsung, despite being the first to launch 5G devices and delivering an impressive 77 million 5G smartphones worldwide in the previous quarters, only managed to finish fourth in the most recent quarter. Samsung’s market share is estimated to be around 16.7%. Another Chinese company rounds out the top five global 5G market leaders. This is Realme, which controls 5.9% of the global market.

Read more from the Thread by vikubalupura - ( News Smod)

2. Xiaomi Announces Redmi 10: Reinventing The Entry-level Smartphone Experience at All Fronts

Beijing, CHINA, August 18, 2021 – Xiaomi today launched Redmi 10. Following up with a full suite of major upgrades compared with its predecessor, Redmi 10 touts the series’ first 50MP hi-res camera, 90Hz 6.5” FHD+ AdaptiveSync display, a powerful chipset and a sleek design, making exceptional performance available to more and more people.

Redmi 10 comes packed with flagship-grade features for a smartphone of this caliber to deliver performance that exceeds expectations. The value of Redmi 10 offers speaks for itself. Its outstanding 50MP camera for high-res shots is a first of its kind in its category, making cutting-edge photography accessible to all. But it also boasts a 90Hz refresh rate and high-performance hardware, making Redmi 10 a top-of-the-line contender in its bracket.

Read more from the Thread by vikubalupura - ( News Smod)

3. Xiaomi reports solid revenue and profit growth in 2021 Q2

Xiaomi Corporation (“Xiaomi” or the “Group”; stock code:1810), a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an Internet of Things (IoT) platform at its core, announced its unaudited consolidated results for the three and six months ended June 30, 2021.

In the second quarter of 2021, Xiaomi’s total revenue amounted to RMB87.8 billion, representing an increase of 64.0% year-over-year; adjusted net profit for the period was RMB6.3 billion, an increase of 87.4% year-over-year. Total revenue and adjusted net profit both reached record highs in the quarter demonstrating the excellence of the business model and the robustness of its operations.

Read more from the thread by vikubalupura - ( News Smod)

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2021-08-30 15:22:46
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News Reporter

Subrata Maity | from Redmi 3S


2021-08-30 15:24:46

Grand Master Bunny

RichG | from MI 8


Thanks for sharing.
2021-08-30 20:02:44

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Voted. Go-Xiaomi-Go...
2021-08-30 21:20:48
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Very good
2021-08-30 22:16:00
Great news headlines. Voted
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2021-08-31 04:48:51

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2021-08-31 05:08:46

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