Xiaomi profit surges 161% in 1Q25 on strong EV and IoT sales

Jingyue Hsiao, DIGITIMES Asia, Taipei Wednesday 28 May 2025 0

Credit: AFP

Xiaomi posted strong first-quarter 2025 results, with net profit jumping 161.2% year-over-year to CNY10.92 billion (approx. US$1.52 billion), driven by booming EV and IoT sales. Revenue rose 47.4% to CNY111.29 billion, underscoring solid demand across...

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