Xiaomi records best ever quarter with 23.16 million smartphone shipments in the March-June period

According to a recent publication by a Taiwanese news outlet, Xiaomi has marked its best ever quarter in the March-June period this year, seeing a 70% increase in smartphone shipments from Q1. The company sold 23.16 million units in Q2 and, as per Lei Jun, Xiaomi’s CEO’s words, its aim is to hit a revenue of $14.7 billion (100 billion Yuan) by the end of this year.

Apparently, the company’s focus on physical retail sales, largely through its 123 Mi Home stores in China, seems to be working well, while it also plans to open a few more stores in the country in the next …


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