For the first time The Chinese Mobile Manufacturer, Xiaomi surpassed the US $100 billion valuations in the market and its share price reached an all-time high of US $31.90 from Hong Kong. This was announced by the company through a written statement.
It is worth noting that Xiaomi’s enhanced “Smartphone x AIoT” strategy, launched in 2020, continues to be recognized by the capital market. Precisely, in the third quarter, Xiaomi’s global shipments of smartphones reached 46.6 million units, which places the company among the top three in the world.
XIAOMI’S SHARE PRICE HIT AN ALL-TIME HIGH OF HONG KONG’S US $ 31.90
On the other side, the number of IoT devices connected to its AIoT platform excluding smartphones and laptops reached a staggering 289 million, consolidating Xiaomi’s position as the world’s leading consumer IoT platform. According to the company, since the beginning of last year, Xiaomi’s share price has increased by more than 180%.
Xiaomi stressed that it will tirelessly continue to offer incredible products at honest prices so that everyone can enjoy a better life through the most modern technologies and will also continue to lead the industry with original innovations and focus on surprising and being friends with our users.