Shulou(Shulou.com)11/24 Report--

According to CTOnews.com news on November 23, Xiaomi Group announced this afternoon its results for the three months and nine months ended September 30, 2022, with total revenue of 70.5 billion yuan and adjusted net profit of 2.1 billion yuan during the reporting period, including 829 million yuan for innovative business such as smart electric vehicles.

In the third quarter, Xiaomi's global smartphone shipments increased again on a month-on-month basis, with 40.2 million units shipped and smartphone business revenue of 42.5 billion yuan. Xiaomi ranked third in global smartphone shipments this quarter, with a market share of 13.6 per cent, according to Canalys. Smartphone shipments rank among the top three in 52 markets and the top five in 64 markets. Xiaomi ranks second in Europe with a market share of 23.3%.

On this basis, Xiaomi's global user scale has grown steadily. In 2022, Q3, Xiaomi reached a new high in the number of monthly active users of MIUI around the world and Chinese mainland. In September 2022, the global MIUI monthly active users reached 564 million, and Chinese mainland MIUI monthly active users reached 141 million. Among them, the number of Chinese mainland MIUI monthly active users has increased for eight consecutive quarters.

CTOnews.com learned that as of September 30, 2022, the number of IoT devices (excluding smartphones, tablets and laptops) connected to Xiaomi's AIoT platform was 558 million; the number of users of more than five devices connected to Xiaomi's AIoT platform (excluding smartphones, tablets and laptops) was 10.9 million. The revenue of smart people's electronic products (air conditioners, refrigerators, washing machines) continued to grow strongly in this quarter, achieving a substantial growth of more than 70% compared with the same period last year, reaching another all-time high.

In terms of R & D investment, Xiaomi's R & D expenditure reached 4.1 billion yuan in the third quarter of 2022, an increase of 25.7% over the same period last year. The company's R & D personnel account for about 48% of the total staff, and the size of the R & D team continues to expand.

In September 2022, the number of Xiao Ai's monthly active users increased by 9.0% year-on-year to 115 million, while the number of monthly active users of Mijia App increased by 20.9% year-on-year to 72.4 million.

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