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Xiaomi builds new phone factory in China

June 8, 2022
Source: opportimes.com opportimes.com
News Snapshot:
Xiaomi Corporation builds a new smartphone factory in Beijing, China, with an annual production capacity of 10 million units. In 2021, the company's global smartphone shipments grew 30% year-on-year to a record 190.3 million units. The new factory will start production next year, according to statements by Lei Jun, general director of Xiaomi, to the TechNode medium. According to Canalys, in 2021, the company's smartphone shipments ranked third globally with a record 14.1% market share, and achieved the highest year-over-year shipment growth globally among the top five smartphone vendors. MIUI Global Monthly Active Users (MAUs) reached 508.9 million in December...
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Tags: AIoT | America | Android | Beijing | Business | carrier | China | Europe | factory | IoT | Latin America | Lei Jun | manufacturing | market share | Miui | operator | phone | platform | production | Renminbi | revenue | smartphone | United States | USA | Xiaomi

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