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In the Third Quarter, Global Smartphone Shipments Fell by 1.3% Over the Same Period Last Year

On the evening of November 24, Xiaomi group released its financial report for the third quarter of 2020. According to the financial report, in the third quarter of 2020, the total revenue of Xiaomi group reached 72.2 billion yuan, a year-on-year increase of 34.5%. The adjusted net profit reached 4.1 billion yuan, a year-on-year increase of 18.9%.

In the quarter, Xiaomi shipped 46.6 million smartphones, a year-on-year increase of 45.3%. The revenue of smart phones reached 47.6 billion yuan, a year-on-year increase of 47.5%.

In the third quarter of 2020, the ASP of smart phones was RMB 1022.3 per unit, while in the third quarter of 2019, it was RMB 1006.5 per unit.

In the third quarter of 2020, the Internet service revenue of Xiaomi group reached 5.8 billion yuan, a year-on-year increase of 8.7%.

In September 2020, the number of monthly active users of MIUI increased by 26.3% year-on-year to 370 million. Among them, the number of active users in Chinese mainland MIUI was 110 million. In September 2020, the number of monthly active users of smart TV and Xiaomi box reached 35.8 million, a year-on-year increase of 49.9%; As of September 30, 2020, the number of paying users of Xiaomi TV had reached 4.2 million, a year-on-year increase of 28.2%.

In the third quarter, the advertising revenue of Xiaomi group reached a record high in the first quarter, reaching RMB 3.3 billion, a year-on-year increase of 13.7%, and the game revenue reached RMB 800 million, a year-on-year decrease of 1.9%.

Overseas Internet service revenue increased by 75.6% year-on-year to RMB 700 million, accounting for 12.0% of the overall Internet service revenue.

In the third quarter of 2020, the revenue of Xiaomi aiot and consumer products reached 18.1 billion yuan, a year-on-year increase of 16.1%.

By September 30, 2020, Xiaomi had invested in more than 300 companies with a total book value of 39.5 billion yuan, a year-on-year increase of 37.5%. The total value of the investment is 50.6 billion yuan.

Not long ago, three well-known market research companies: IDC, canalys and counterpoint respectively released the third quarter global smartphone market statistics report. The data of the three companies consistently showed that Xiaomi's mobile phone shipments ranked third in the world.

In the Third Quarter, Global Smartphone Shipments Fell by 1.3% Over the Same Period Last Year 1

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