Connect with us
700 million devices 84 million active users excellent smartphone sales 700 million devices 84 million active users excellent smartphone sales

Phones

700 million devices, 84 million active users, excellent smartphone sales and record profits. Xiaomi reported an excellent quarter

Published

on

Xiaomi released its financial report for the third quarter of 2023, which shows that Xiaomi’s gross profit and cash reserves reached a record level in this quarter.

Total revenue reached nearly $10 billion and adjusted net income reached $840 million, up 182.9% year-over-year. Cash reserves hit a record high of $17.8 billion.

Xiaomi continues to increase its investment in research and development. R&D expenses in the quarter were $700 million, up 22% year over year, and the R&D workforce was more than 53%.

700 million devices, 84 million active users, excellent smartphone sales and record profits.  Xiaomi reported an excellent quarter

Xiaomi’s gross profit from smartphones again hit a record high, reaching 16.6%, increasing quarter-on-quarter for three consecutive quarters. Xiaomi 14 series sales exceeded one million on the first day.

Spending on innovative business spending such as smart electric vehicles totals more than $200 million. Internet of Things and consumer products revenue reached $3 billion.

This quarter, the number of IoT devices connected to the Xiaomi AIoT platform reached nearly 700 million. Mijia’s monthly active users grew 16% year-on-year to 84 million.

The number of users with five or more devices connected to the AIoT platform grew 25.9% year-on-year to 13.7 million.

Click to comment

Leave a Reply

Your email address will not be published.

Phones

OnePlus 12 and its record-breaking screen were shown in live photos a week before the smartphone’s premiere

Published

on

OnePlus 12 and its record breaking screen were shown in live

Insider Digital Chat Station published live photos of the future flagship OnePlus 12. The emphasis is on the screen, and in this model it will be a record-breaking one: OnePlus has already announced that the peak brightness will be 4500 cd/sq.m. – more than any other smartphone already officially presented.

OnePlus 12 and its record-breaking screen were shown in live photos a week before the smartphone's premiere

OnePlus 12 and its record-breaking screen were shown in live photos a week before the smartphone's premiere
OnePlus 12 and its record-breaking screen were shown in live photos a week before the smartphone's premiere

OnePlus 12 will have an OLED BOE X1 panel with a resolution of 3168 x 1440 pixels. One of the pictures below compares this panel with the 2K CSOT panel. The frame rate will be 120 Hz, the PWM adjustment frequency will be 2160 Hz.

OnePlus 12 and its record-breaking screen were shown in live photos a week before the smartphone's premiere

OnePlus 12 and its record-breaking screen were shown in live photos a week before the smartphone's premiere

The official premiere of OnePlus 12 will take place on December 5. The smartphone will receive a heavily updated Hasselblad camera (you can see sample photos here) and Qualcomm Snapdragon 8 Gen 3 SoC.

Previously, Digital Chat Station was the first to accurately report the specifications and release dates of Redmi K50 and Xiaomi 12.

Continue Reading

Phones

Xiaomi introduced the inexpensive Redmi K70E – the first smartphone with MediaTek Dimensity 8300-Ultra and HyperOS

Published

on

Xiaomi introduced the inexpensive Redmi K70E the first smartphone

In addition to Redmi K70, Redmi K70 Pro and Redmi K70 Pro Champion Edition, Xiaomi today presented the junior model in the “anniversary” series Redmi K70 in honor of the 10th anniversary of the Redmi brand. As expected, it was Redmi K70E.

Xiaomi introduced the inexpensive Redmi K70E - the first smartphone with MediaTek Dimensity 8300-Ultra and HyperOS

Redmi K70E is positioned as the first smartphone with the MediaTek Dimensity 8300-Ultra hardware platform, as well as the HyperOS operating system based on Android 14 right out of the box.

Xiaomi introduced the inexpensive Redmi K70E - the first smartphone with MediaTek Dimensity 8300-Ultra and HyperOS

Prices for Redmi K70E start at $282 – and this is for the version with 12 GB of RAM and 256 GB of internal flash memory. Sales have already begun.

Xiaomi introduced the inexpensive Redmi K70E - the first smartphone with MediaTek Dimensity 8300-Ultra and HyperOS

Redmi K70E is equipped with a 5500 mAh battery with support for 90 W charging. The smartphone is quite thin – 8.05 mm, and it weighs 198 grams. Other characteristics include a 6.67-inch OLED screen with a resolution of 1.5K (2712 x 1220 pixels) and a frame rate of 120 Hz, a triple main camera (64 MP module with OIS, 8 MP ultra-wide-angle and 2 MP macro), front 32 MP camera, 5G and NFC support.

Xiaomi introduced the inexpensive Redmi K70E - the first smartphone with MediaTek Dimensity 8300-Ultra and HyperOS

Continue Reading

Phones

Redmi K70 Pro presented: an AI smartphone with a super-bright, flicker-free screen, record-breaking (for Redmi) performance and a brand new camera

Published

on

Redmi K70 Pro presented an AI smartphone with a super bright

Today in China, Redmi officially introduced the new flagship Redmi K70 Pro. This is the brand’s first smartphone based on the Qualcomm Snapdragon 8 Gen 3 single-chip system.

Redmi K70 Pro presented: an AI smartphone with a super-bright, flicker-free screen, record-breaking (for Redmi) performance and a brand new camera

Accordingly, this is the most powerful Redmi in history. In AnTuTu, Redmi K70 Pro scores 2.247 million points – on par with Xiaomi 14 and other flagships on Snapdragon 8 Gen 3 (except for Red Magic 9 Pro). A very large vapor chamber is responsible for cooling the SoC and components.

Redmi K70 Pro presented: an AI smartphone with a super-bright, flicker-free screen, record-breaking (for Redmi) performance and a brand new camera

Redmi K70 Pro presented: an AI smartphone with a super-bright, flicker-free screen, record-breaking (for Redmi) performance and a brand new camera

The temperature of the components is monitored by 9 sensors, and they are located not only in the area of ​​the SoC and battery, but also in the main camera modules. Data from these sensors is analyzed by AI. In general, AI is used almost everywhere in the Redmi K70 Pro (this also applies to scenarios for using the smartphone by the user, and analysis of shooting conditions, and optimization of performance in games), so it can well be called an AI smartphone. Sorry, Samsung.

Redmi K70 Pro presented: an AI smartphone with a super-bright, flicker-free screen, record-breaking (for Redmi) performance and a brand new camera

Redmi K70 Pro presented: an AI smartphone with a super-bright, flicker-free screen, record-breaking (for Redmi) performance and a brand new camera

The OLED C8 screen, jointly developed by TCL and Redmi, is characterized by a diagonal of 6.67 inches and a resolution of 2K. An important feature of the display is ultra-high brightness of 4000 cd/sq.m. In terms of peak brightness, Redmi K70 Pro has surpassed all smartphones currently on the market. But OnePlus 12 will have higher peak brightness.

Redmi K70 Pro presented: an AI smartphone with a super-bright, flicker-free screen, record-breaking (for Redmi) performance and a brand new camera

Redmi K70 Pro presented: an AI smartphone with a super-bright, flicker-free screen, record-breaking (for Redmi) performance and a brand new camera

The main sensor of the Redmi K70 Pro main camera is a 50-megapixel Light and Shadow Hunter 800 optical format 1/1.55 ​​inches with large pixels measuring 2 microns. The module with it includes a wide-angle lens with an F/1.6 aperture and an optical image stabilization system.

Redmi K70 Pro presented: an AI smartphone with a super-bright, flicker-free screen, record-breaking (for Redmi) performance and a brand new camera

The module with a telephoto lens (it provides 2x optical zoom) uses a 50-megapixel sensor, and the third module uses a 12-megapixel sensor and an ultra-wide-angle lens with a viewing angle of 120°.

Redmi K70 Pro presented: an AI smartphone with a super-bright, flicker-free screen, record-breaking (for Redmi) performance and a brand new camera

The Redmi K70 Pro battery capacity is 5000 mAh and supports 120 W charging. Redmi K70 Pro is the brand’s first model with HyperOS based on Android 14 out of the box.

Prices for the version with 12 GB of RAM and 256 GB of flash memory are $460. Redmi K70 Pro has become the most affordable smartphone with Snapdragon 8 Gen 3; other flagships are about $100 more expensive.

Continue Reading

Most Popular