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

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com May 24 news, Xiaomi today released the first quarter of 2023 results. According to the financial report, the company's total revenue in the first quarter reached 59.5 billion yuan, down 18.9% from the same period in 2022, while the adjusted net profit was 3.2 billion yuan, an increase of 13.1% over the same period in 2022. It includes 1.1 billion yuan for innovative business such as intelligent electric vehicles.

Xiaomi Group revealed that the large model team of AI Lab was formally established in April, and there are currently more than 1200 people related to AI; it will continue to explore AI-related user scenarios, give full play to its technical advantages, and open up more opportunities with partners with an open attitude.

CTOnews.com noted that Xiaomi shipped 30.4 million smartphones worldwide in the first quarter of 2023, down 13.3% from a year earlier and the lowest Q1 shipment since 2014.

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