{"id":32359,"date":"2024-05-23T12:13:10","date_gmt":"2024-05-23T12:13:10","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=32359"},"modified":"2024-05-23T12:13:10","modified_gmt":"2024-05-23T12:13:10","slug":"xiaomi-raises-earning-by-27-in-q1-on-strong-smartphone-sales","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2024\/05\/23\/xiaomi-raises-earning-by-27-in-q1-on-strong-smartphone-sales\/","title":{"rendered":"Xiaomi Raises Earning by 27% in Q1 on Strong Smartphone Sales"},"content":{"rendered":"<p>Chinese electronics Smartphone maker, Xiaomi has posted an increased revenue of 27% in first-quarter revenue on Thursday, boosted by strong sales of handsets amid a recovery in the smartphone market.<\/p>\n<p>For the first three months of this year, Xiaomi&#8217;s revenue was 75.5 billion yuan ($10.42 billion), compared with the 73.3 billion yuan estimated by analysts according to LSEG.<\/p>\n<p>Adjusted net income was 6.49 billion yuan, beating the 4.94 billion yuan estimated by analysts.<\/p>\n<p>The global smartphone market has shown signs of a recovery since late last year after a prolonged period of sluggishness.<\/p>\n<p>Xiaomi&#8217;s global smartphone shipments rose 33% to 40.7 million units in the first quarter, helping the company capture a 14% market share and placing it in the No. 3 position, according to industry research firm Canalys.<\/p>\n<p>In China, Xiaomi&#8217;s largest market for its smartphone business, shipments rose 8.6%, according to research firm Counterpoint.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese electronics Smartphone maker, Xiaomi has posted an increased revenue of 27% in first-quarter revenue on Thursday, boosted by strong sales of handsets amid a recovery in the smartphone market. For the first three months of this year, Xiaomi&#8217;s revenue was 75.5 billion yuan ($10.42 billion), compared with the 73.3 billion yuan estimated by analysts [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":32361,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173,249],"tags":[],"class_list":["post-32359","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-world-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/32359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=32359"}],"version-history":[{"count":2,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/32359\/revisions"}],"predecessor-version":[{"id":32382,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/32359\/revisions\/32382"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/32361"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=32359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=32359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=32359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}