Xiaomi has made a substantial impact in the smartphone market with its Xiaomi 14 series, showcasing an outstanding achievement of selling 1.45 million units within the first 10 days of its release, according to a comprehensive report from Wall Street Insights.
Let’s look at all the details about the new achievement by Xiaomi!
Xiaomi Sells 1.45 Million Units In 10 Days After Release
This commendable feat, accomplished between October 31 (the series’ initial sales launch) and November 10, not only sets a new record for Xiaomi’s premium line of phones but also demonstrates the strong demand and popularity of their latest offerings.
The stellar sales performance has positioned Xiaomi as the market leader in China during week 44, a noteworthy accomplishment given the competitive landscape.
In terms of market share, Xiaomi has outpaced its rivals, with Huawei and Honor securing second and third positions, respectively. This success underscores Xiaomi’s ability to capture the attention and loyalty of consumers in a highly dynamic and competitive market.
Xiaomi Announces Revenue of $3 Billion
In addition to the remarkable sales figures, Xiaomi took to Weibo to share another momentous achievement. On China’s largest shopping event, 11.11, Xiaomi announced a staggering revenue of 22.4 billion CNY, equivalent to $3 billion, across all channels. This not only reflects the company’s strong market position but also highlights the significant impact it has in the broader retail landscape.
The dual success in both unit sales and revenue underscores Xiaomi’s prowess in product innovation, marketing strategy, and consumer appeal. As the company continues to set and break records, it solidifies its standing as a major player in the global smartphone industry.
We reported in October that Xiaomi officially introduced its new 14 series, which showcases significant upgrades such as the recently announced Snapdragon 8 Gen 3 processor, a revamped Leica-branded primary camera system, a fresh design approach, and the integration of Xiaomi’s innovative HyperOS.