The second quarter of 2018 is behind our backs and companies keep publishing their financial results for the three-month period. The latest smartphone manufacturer to do so is Xiaomi which reported $2.1 billion profit in its first quarter as a public company. The company managed to ship 32 million smartphones between April and June, bringing CNY30,5 billion (about $4.5 billion) in revenue. Two-thirds of the company revenue came from smartphones. More than CNY10 billion came from the smart products division, which includes smart TV, fitness bands and other home appliances. The net...
Source: https://www.gsmarena.com/xiaomi_32_million_smartphones_q2_2018-news-32892.php
