Analysis: Xiaomi’s Strong Performance in China Offsets Mixed Overseas Results in Q3 2024

Discover how Xiaomi's 3% YoY growth in Q3 2024, driven by strong performance in China, marks its fifth consecutive quarter of momentum—albeit with slowing expansion.

Xiaomi’s smartphone shipments increased by 3% YoY in Q3 2024, maintaining growth momentum for the fifth consecutive quarter, albeit at a slower rate. The company’s strong performance in China was the primary driver behind its growth this quarter, while results in overseas markets remained lackluster.

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