sells 50% more mobile phones than a year ago

The Chinese firm also experiences a record turnover.

The year 2020 will not be remembered with joy for many but, of course, that it will not be the case of Xiaomi. The Chinese company has experienced an absolute record of sales of its smartphones in the third quarter of 2020, reaching the 46.6 million telephones marketed. This results in a spectacular 45.3% growth compared to the same period of 2019. As not to celebrate.

Speaking of numbers, the total number of phones sold between July 1 and September 30, 2020 has reported to Xiaomi $ 7.2 billion. With all these figures (based on the Canalys report) Xiaomi is already the third smartphone brand in the world with a 13.5% market share.

Record total revenue


Xiaomi smiles, and in what way, in this 2020.

Xiaomi has also published its global financial report for the third quarter of this year in which it announces global earnings of $ 10.9 billion. This represents nothing more and nothing less than a 34.5% boom compared to the same three months of 2019. Speaking of net profit, this has been 621 million dollars.

Regarding mobiles, we already told you in this article that the best-selling terminals fit into the first price ranges. Like it or not, Xiaomi has always partnered with a affordable product firm (although in recent times it has launched more expensive terminals), putting technology within the reach of all pockets. In this sense, the average price of Xiaomi smartphones has been $ 155.

Finally, with regard to the market outside the Asian continent, all the news that arrives does nothing other than reaffirm the great moment that Xiaomi enjoys. Revenues in the rest of the world in the third quarter of 2020 amounted to 6.03 billion dollars, 52.1% more than the previous year.

I imagine that after reading all this you already have an idea of ​​why we speak of "outburst".