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Xiaomi profit surges 161% in 1Q25 on strong EV and IoT sales

  • Digitimes faviconDigitimes

    May 27, 2025, 10:11 pm446 ptsHot
    photo of Xiaomi profit surges 161% in 1Q25 on strong EV and IoT sales imageXiaomi posted strong first-quarter 2025 results, with net profit jumping 161.2% year-over-year to CNY10.92 billion (approx. US$1.52 billion), driven by booming EV and IoT sales. Revenue rose 47.4% to CNY111.29 billion, underscoring solid demand across its product lines and growing momentum in smart appliances…
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