Sunday, August 3, 2025
  • Hype
  • Murai
  • Lipstiq
  • Miss Murai
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zoneUpdated
    • ViewnetUpdated
    • Sri ComputersUpdated
    • StartecUpdated
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zoneUpdated
    • ViewnetUpdated
    • Sri ComputersUpdated
    • StartecUpdated
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home Mobile Phones

Xiaomi Doesn’t Profit From Smartphones, And That’s Just Fine

by Farhan
November 28, 2016
777
SHARES
Share on FacebookShare on Twitter

Xiaomi failed to meet its third quarter sales target in China by an impressive 45-percent; and yet the company believes that everything is going according to plan. Xiaomi’s global vice-president Hugo Barra explained that the company’s business plan does not hinge on smartphone sales; and it doesn’t really matter how many are sold.

Barra said that Xiaomi is practically giving people smartphones without any profit, and that it could easily sell “10 billion smartphones” and “not make a single dime of profit”. This is due to the company caring more about recurring revenue streams instead of hardware sales. Despite this, Barra did not elaborate about what these revenue sources are.

xiaomi-mi-mix-hands-on-10

Xiaomi does not disclose its profits and revenue figures, which makes it difficult to understand how the company works. The closest anyone can get is the $46 billion valuation when it was raising funds back in 2014.

Decreasing smartphone sales in China may have something to do with Xiaomi’s global expansion plans taking a surprising turn. The company is set to launch a new device at CES 2017 for the US market, marking its first foray into one of the world’s most valuable economies.

[Source: Reuters]

Filed Under xiaomixiaomi ces 2017xiaomi chinaxiaomi salesxiaomi smartphone sales
Updated 2:50 pm, Mon, 28 November 16
https://lowy.at/lmvd4
Share311Tweet194SendShare

Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news. 

No Result
View All Result

TRENDING THIS WEEK

  1. 1
    Action Cameras

    AKASO 360 Lands In Malaysia; Starts From RM899

  2. 2
    How-To's

    RM100 SARA: How To Redeem, And Everything Else You Need To Know

  3. 3
    Transportation

    Malaysia Aims For MLFF Toll System Implementation By 2027

  4. 4
    Random As It Gets

    Someone Patented This Controller Design

  5. 5
    News

    Intel To Consolidate Chip Assembly And Test Operations In Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Miss Murai
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zone
    • Viewnet
    • Sri Computers
    • Startec
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zone
    • Viewnet
    • Sri Computers
    • Startec
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.