Xiaomi’s sales and profits is increasing from quarter to quarter: Xiaomi has two problems. One of them is the iPhone 13.
Xiaomi recently published its figures for the 3rd quarter of 2021 and showed that it is making profits. But the Chinese company is facing two problems.
The company was expecting that its sales would further grow. But it did not happen. In fact, it declined and move it to the number third in the market behind Samsung and Apple. Calays reported that that Xiaomi’s market share in the second quarter was 16.7 percent nut now it has dropped to 13.5 percent.
Xiaomi lamented that because of iPhone 13 it lost market share. The Apple phone just sold incredibly well, so Apple gained market share and Xiaomi couldn’t really keep up. Instead of giving up, Xiaomi wants to keep going and make its products better. In particular, the commitment in the high-end sector is to be optimized and the devices better adapted to the needs of customers.
Xiaomi can already show what the company can do in December. Then the Xiaomi 12 smartphones will be unveiled. Then at the latest we will see the answer from China to the iPhone 13.
Xiaomi is building Android tablets again. In the video we show you the Xiaomi Pad 5:
Xiaomi is troubled by a shortage of chips. The company was not able make more smartphones due to shortage of chips. As it could not shipped smartphones to fulfil the growing demands as a result it affected its performance.
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