Xiaomi Q1 Revenue Hits RM65.7 Billion as Premium Devices and EVs Drive Growth Xiaomi Corporation reported a strong first quarter for 2025, recording revenue of RMB111.3 billion (approximately RM65.69 billion) . This marks the second consecutive quarter Xiaomi has exceeded the RMB100 billion mark, highlighting robust performance across its smartphone, Internet of Things, and smart electric vehicle businesses. The Group’s adjusted net profit reached RMB10.7 billion (approximately RM6.31 billion) , up 64.5 percent year on year. These results reflect Xiaomi’s ongoing shift toward premium products and its growing technology ecosystem. Smartphone Business Delivers with Premium Devices Smartphone revenue grew to RMB50.6 billion (approximately RM29.85 billion) , driven by strong demand for the Xiaomi 15 Ultra , which achieved 90 percent higher sales than its predecessor during the same period. The average selling price increased to RMB1,211 (approximately RM714.38) , a record for th...
