Xiaomi Shares Q1 2023 Sales Numbers, Crosses 600 Million Active Users

© Android Headlines Powered by Logo Xiaomi October 2016 AH 11 AH 20191

Xiaomi has announced the results for the first quarter of 2023 and as part of this announcement, the company has shared some interesting numbers. Xiaomi managed to sell 30.4 million smartphones in the first quarter of this year.

Xiaomi has shared sales data for the first quarter of 2023, and also announced an interesting MIUI update

In fact, the smartphone business has managed to achieve a revenue of 35 billion yuan (about $5 billion). The ASP was 1,152 yuan ($163), up 2.7% from the same period last year.

Xiaomi also announced that they have 594.8 million monthly active users in the first quarter of 2023. However, at the time of this announcement, the company crossed the $600 million mark.

Xiaomi ranked third in terms of market share with a market share of 11.3% in the first quarter of 2023. It should be noted that Apple and Samsung shipped almost twice as many phones as Xiaomi during the same period.

The company did well in China despite not finishing in third place.

When it comes to Xiaomi's home market, China, the company does it brilliantly. Quarterly, he managed to increase sales of smartphones by 22.2% (three times in a quarter). Vivo managed to overtake Xiaomi, thereby pushing Xiaomi to fourth place in the overall standings. Apple is number one in China and OPPO is number two.

Speaking of total revenue for the first quarter of 2023, not only for the smartphone business, it has also been revealed. Xiaomi announced a total revenue of 59.5 billion yuan ($8.43 billion). Adjusted net income was 3.2 billion yuan ($450 million). When the costs associated with the smart electric vehicle business are included, this figure drops to 1.1 billion yuan ($150 million).

Xiaomi is also known for its AIoT devices. The number of devices has increased to 618 million, and 12.3 million users have 5 or more Xiaomi AIoT devices. The company has many different AIoT devices on the market, from smart air conditioners to smart TVs.

In a post, Xiaomi released sales data for the first quarter of 2023, which surpassed 600 million active users in the first Android game.

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