Xiaomi: The latest figures, news and market research on Xiaomi

Turnover: 39.21 billion USD (2022)

Country: China

Xiaomi is the 4 ^th largest smartphone manufacturer in the world in 2018, and is a Chinese company launched in 2010

A company active in consumer electronics, it also produces tablets, connected watches, headphones, Hi-Fi headphones, etc., generally at more competitive prices than its Western competitors

In terms of charging accessories, the company also offers USB cables, external batteries and has entered the wireless charger segment

It is also present on the electric scooter market, sometimes using Segway-NInebot technology and know-how

News

Xiaomi prepares its grand entrance into the automotive world 22/11/2023

Xiaomi will launch its first electric vehicle model early next year.
The vehicle will be a five-seater sedan.
The car, dubbed "SU7", will be powered by batteries from CATL or BYD. Xiaomi has partnered with several manufacturers, including BAIC.
The vehicle could be manufactured in a new Xiaomi factory on the outskirts of Beijing, which would have an initial annual production capacity of 150,000 units.
Huawei, seeking to diversify its activities, has also entered the automotive sector.

Xiaomi: 18.9% drop in sales 24/05/2023

Telephony market decline in China in Q1 2023: 11% (according to Canalys)

Xiaomi lays off 10% of its workforce 20/12/2022

The world's third-largest smartphone manufacturer is laying off 10% of its 35,000-strong workforce
only Chinese employees affected
14% of the global smartphone market
number two in France and number three in Germany
It has also had to temporarily close many of its 10,000 stores due to the Covid-19 epidemic in China

Xiaomi to overtake Apple in 2021 09/02/2022

In 2021, Xiamo overtakes Apple in smartphone sales with 23% market share in France versus 22% for Apple
Xiaomi comes third in the last quarter of 2021 worldwide with 12% market share
Apple unable to honor all requests for its iPhone 13
Samsung retains top spot in France

Financial Data

DUNS: 840757587

Legal Name: XIAOMI TECHNOLOGY FRANCE

Address: 93 RUE NATIONALE , 92100 BOULOGNE-BILLANCOURT

Number of employees: Entre 20 et 49 salariés (2020)

Capital: 5 780 412 EUR

Financial Data:

Year	2021	2020	2019	2018
Turnover	235 452 275	35 672 578	47 997 241	1 871 981
Gross margin (€)	40 250 563	12 153 886	10 146 443	653 556
EBITDA (€)	7 154 421	3 424 860	3 594 555	67 781
Operating profit (€)	7 081 896	3 385 217	2 607 105	29 437
Net profit (€)	1 092 059	1 845 132	4 602 519	7 449
Turnover growth rate (%)	560	-25,7	2 464	-
Ebitda margin rate (%)	3	9,6	7,5	3,6
Operating margin rate (%)	3	9,5	5,4	1,6
Working Capital (turnover days)	-15,2	49	55,8	750,6
Working Capital requirements (turnover days)	41,6	153,7	57,1	1 070,5
Net margin (%)	0,5	5,2	9,6	0,4
Added value / Turnover (%)	12,2	24,4	12	6,1
Wages and social charges (€)	5 724 956	3 462 614	1 121 919	72 208
Salaries / Turnover (%)	2,4	9,7	2,3	3,9