Xiaomi has increased sales in 1Q2020 despite the pandemic and economic decline

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Xiaomi has increased sales in 1Q2020 despite the pandemic and the fall of economicially Blinkova | 21.05.2020

Revenue Xiaomi rose in the first quarter of this year, by 13.6%, exceeding analysts ‘ optimistic expectations. The company managed to establish a sales 5G smartphones, the average price at which
big enough and also to increase sales worldwide.

Total sales of Xiaomi during the reporting period amounted to $7 billion Profit declined by about a third due to the investment of the company in other companies.

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