Xiaomi reports smartphone shipments of over 27.5 million units for the first quarter of 2019
It seems Xiaomi wants to allay any fears investors may have that the company is not doing as well as expected. Reports have recently started appearing online pertaining to first quarter smartphone shipments for all the major players. It appears executives at Xiaomi weren’t particularly pleased by some of the estimates and have decided to publish a more accurate figure straight from the horse’s mouth.
The exact term Xiaomi uses in its voluntary announcement is “exceeded 27.5 million.” Other estimates had offered a figure of 25 million for the company, which would put it closer to the amounts that rivals such as Oppo and Vivo have apparently shipped. The new figure of 27.5 million puts a bit more distance between Xiaomi and its domestic competitors, and it puts Apple (36.4 million) firmly in the Chinese company’s sights.
Xiaomi has still likely slipped in regard to market share, with Huawei busy gobbling up the global smartphone market at the moment. But the company has a number of products coming out this year, and its sub-brand Redmi appears to be going from strength to strength. With the Xiaomi Redmi 5A apparently being the best-selling Android phone in the world in 2018, it’s likely the manufacturer’s end of year financial report will be rosy.