In the second quarter, the Chinese company increased revenue, which became the leader in Southeast Asia and the second in providing smartphones to Europe, despite slowing down the global market.
Xiaomi reported income growth in the second quarter of 2025 by 30.5% – up to 116 billion yuan ($ 16.16 billion). The main reason for the increase is the supply of smartphones, especially in the countries of Southeast Asia, where the company came out in the first place to manufacturers, Reuters reports. In Europe, Xiaomi took a second position, and in the rank of the world remained third with a part of 14.7%.
The healing of Xiaomi’s adjusted income increased by 75.4% in the annual terms – up to 10.8 billion yuan, which exceeds the average forecasts of analysts. The total supply of smartphones in the world increased by 0.6% and cost 42.4 million units. At the same time, the income from this segment decreased by 2.1% – up to 45.5 billion yuan due to a reduction in the average sales price.
Company president Lou Weibin has reduced the forecasting of supplies by one year: the expected volume has been reduced to 175 million smartphones instead of 180 million. He admitted that the growth of the global market was lower than expectations and could be just 0.1-0.2%.
The company’s vehicle business also shows growth: for the quarter it brought 20.6 billion yuan, which is more than the previous one. In the second quarter, Xiaomi delivered more than 81 thousand electric vehicles, while at first – about 76 thousand. The company brought the YU7’s second electrical car to the market, but its sales have not been displayed in financial results.
Despite the investment of more than 30 billion yuan in research and development, the direction of the electric vehicles remains unprofitable, though the quarterly clean loss has been reduced to 0.3 billion yuan. Lou Weibin expressed confidence that in the second half of the year, the business can show profitability at a monthly or quarterly level.
Hong Kong trade company shares are closed by a reduction of 1.2%, at 52.4 Hong Kong dollars. At the same time, since the beginning of the year, their cost has increased by 52%.
Xiaomi has invested nearly $ 7 billion in developing processors
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.