Xiaomi Posts 75 Percent Surge in Q2 Profits
(MENAFN) Xiaomi reported a sharp rise in second-quarter profits on Tuesday, as the Chinese tech titan saw strong gains across its smartphone and smart device businesses, along with emerging sectors like electric vehicles and AI.
Net income surged by 75.4% year-over-year, reaching 10.8 billion yuan ($1.5 billion) in the April–June period. Total revenue also saw a robust 30.5% increase, climbing to 116 billion yuan ($16.1 billion), the company disclosed.
Smartphone sales remained a key driver, contributing 45.5 billion yuan ($6.3 billion) in revenue during the quarter.
“Xiaomi’s global market share by shipments was 14.7% in Q2 2025, securing a top-three global ranking for the 20th straight quarter,” the company stated.
Meanwhile, revenue from Internet of Things (IoT) and lifestyle products hit 38.7 billion yuan ($5.4 billion), further underscoring Xiaomi’s expanding ecosystem.
New ventures, including smart electric vehicles and artificial intelligence, delivered 21.3 billion yuan ($2.9 billion) in revenue — signaling momentum in the firm's push into next-generation technologies.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
