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Xiaomi Projects a 13% Drop in Smartphone Sales for the Current Year, Redirecting Offline Outlets Towards Major Home Appliances
9 hour ago /
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Author：小编
According to media sources, insiders have disclosed that Xiaomi is bracing for a 13% slump in smartphone sales this year. In response, the tech giant is revamping its offline retail strategy, redirecting its revenue emphasis towards the major home appliance sector and putting a halt to further store expansions. As of the time of writing, Xiaomi has yet to issue an official statement. Previous financial disclosures revealed that while Xiaomi's overall revenue and net profit experienced growth, its smartphone division encountered challenges, with revenue dipping by 2.8% and shipments experiencing a marginal decline of 1.9%.
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