Xiaomi announced its financial results for the third quarter of 2023

During this period, Xiaomi increased its investment in R&D by 22% and spent $700 million. Adopting the “Man, Car, Home” ecosystem strategy, the company has been working for seven years with 5,000 engineers for this purpose. HyperOS Operating system detection.

Recently introduced Xiaomi 14 The company reached one million sales in a short time with its series. The smartphone division broke a record with a gross profit margin of 16.6%. Xiaomi in the global smartphone market He has been ranked in the top three for 13 consecutive quarters I was able to participate. The company also announced that its revenues in the consumer electronics sector reached the highest level in its history. To 2.8 billion dollars I raised it. With the reach of 699 million IoT connected devices in the IoT sector, the number of people actively using the Xiaomi Mi Home App has reached 84 million.

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