Xiaomi: Xiaomi mobile phone global sales will reach 170 million units in 2025, accounting for 14% of the market share

At the first "Deputy Channel" of the 3rd Session of the 14th National People's Congress, NPC deputy Lei Jun introduced the latest progress of Xiaomi Group in the field of technological innovation to the public. Lei Jun revealed that five years ago, Xiaomi was determined to increase its technological innovation efforts and planned to invest 100 billion yuan in core technology research and development in the next five years.

After five years of continuous investment, Xiaomi's total investment in R&D has reached nearly RMB 105 billion. This huge investment has brought significant changes to Xiaomi. Lei Jun said that Xiaomi has been ranked among the top three in the global mobile phone market for 18 consecutive quarters. Last year, global sales reached 170 million units, accounting for 14% of the market share, which means that one out of every seven mobile phones is a Xiaomi brand. At the same time, Xiaomi is also actively sprinting into the high-end market and seeking greater breakthroughs.

In terms of the latest products, Lei Jun mentioned that the newly released Xiaomi Mi 15ultra has performed extremely well in the market, with sales far exceeding expectations. In addition, Xiaomi's smart furniture IoT platform has also achieved remarkable results, with more than 900 million connected devices, making it the world's largest consumer IoT platform.

Lei Jun stressed that these achievements not only demonstrate Xiaomi's strength in technological innovation, but also reflect the growing recognition and trust of global users in the value of China's technological innovation. Xiaomi will continue to be committed to technological innovation and bring more high-quality products and services to users.

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