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Xiaomi has announced its data for the third quarter of 2021. Here is Xiaomi’s revenue from various products.
Xiaomi Group announced that the number of monthly active users of MIUI has exceeded 500 million. The company released its third quarter financial report and presented the new data to the public. According to the news of Gizchina, the company’s third-quarter revenue was $12.22 billion, up 8.2 percent year on year. Net profit was $0.81 billion, up 25.4 percent year on year. Also, earnings per share in the third quarter were $0.0047.
So, what are the other important details according to the data announced by the company?
The China-based technology manufacturer stated that its smartphone business revenue reached $7.48 billion in the third quarter, with a gross margin of 12.8 percent, up 4.4 percent year on year. Xiaomi’s global smartphone shipment reached 43.9 million units, ranking third in the world with a 13.5% market share.
Xiaomi Group aims to increase annual mobile phone shipments to around 190 million units by 2021. In the third quarter of 2021, Xiaomi’s overseas Internet service revenue reached $0.23 billion, up 110 percent year on year. In addition, its share in total Internet service revenue increased to 19.9 percent.
However, in the third quarter of 2021, Xiaomi’s overseas market revenue was $6.4 billion. Market revenues accounted for 52.4% of the total revenue. Canalys data showed that in terms of smartphones, Xiaomi ranked in the top five in market share in 59 countries and regions around the world in the third quarter. It also ranked first in the smartphone market in 11 countries and regions.
In the third quarter of 2021, the company’s Internet services revenue was $1.14 billion, up 27.1 percent year on year. As of November 22, 2021, the global MIUI monthly active users exceeded 500 million. Since the beginning of 2021, MIUI has gained nearly 100 million new monthly active users worldwide.
Xiaomi released MIUI on August 16, 2010. On August 19, 2015, MIUI global monthly active users exceeded 100 million. Finally, on January 17, 2021, the global monthly active users of MIUI exceeded 400 million. However, in August, the company launched an enhanced version of MIUI 12.5. MIUI 12.5 enhanced version fixes hundreds of system issues.
Returning to the data, in the first three quarters of 2021, Xiaomi shipped about 18 million high-end flagship mobiles. It also shipped 3 million Smart TVs worldwide in the third quarter of 2021. According to Aoweiyun.com, Xiaomi TV has ranked first in China’s shipments for eleven consecutive quarters. It is now in the top five in the world.