Due to Xiaomi’s diversified IoT product offerings and solid business foundation, the Group achieved a YoY increase of 7.8% in revenue despite the pandemic. Total … Xiaomi's sales in Q1 2020 rose to $7 billion; the company attributed the jump to rising prices for its 5G phones in China. Senior executives of the Company will review the financial and business performance of the first quarter of 2020, and share … The new Coronavirus pandemic in 2020 has affected several areas, including the smartphone business sector. In the fourth quarter of 2019, overseas revenue grew 40.7% year-over-year to RMB26.4 billion, accounting for 46.8% of total revenue. SHANGHAI (Reuters) - Xiaomi Corp reported a 13.6% rise in first-quarter revenue on Wednesday, beating estimates, as the Chinese smartphone maker sold … In 2019, Xiaomi’s revenue from overseas markets was RMB91.2 billion, up 30.4% year-over-year. Xiaomi Corp reported a 13.6% rise in first-quarter revenue on Wednesday, beating estimates, as the Chinese smartphone maker sold more phones and benefited from sales of its higher-priced 5G models. Xiaomi published its financial results for the first quarter of 2020 and the numbers are up across the board, despite the difficult market situation. In the first quarter of 2020, Xiaomi’s revenue of the IoT and lifestyle products segment was RMB13.0 billion. Xiaomi Corporation (HKEX stock code: 01810) plans to announce 2020 first quarter results on Wednesday, May 20, 2020. The company will host an investor conference call / audio webcast (Click here for webcast) on Wednesday, May 20, 2020 at 8pm (Hong Kong time). There are several companies that have reported negative performance in the first months of the year, but Xiaomi seems to be paddling against the tide. Xiaomi Corporation (OTCPK:XIACF) Q1 2020 Earnings Conference Call May 20, 2020 08:00 ET Company Participants Steve Lin - Director, Corporate Finance and Joint C Currently, Xiaomi products are present in more than 90 countries and regions around the world.

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