On february 13th xiaomi issued a voluntary announcement, releasing a series of data on revenue and r & d costs for 2019.
Announcement display,In 2019, Xiaomi's total revenue is expected to exceed 200 billion yuan, and its R & D expenses are expected to be about 7 billion yuan. At the same time, it is expected that the R & D investment in 2020 will exceed 10 billion yuan。 Xiaomi Group said it will stick to technology and will continue to invest in research and development and will continue to work in
Throughout 2019, Xiaomi Group adheres to a sound operation and keeps pushing ahead As of September 30, 2019, the total cash reserve has reached 56.6 billion yuan,Achieve the excellent inventory level in the industry, and take the lead in 5g ahead of time.
Xiaomi's mobile phone shipments rose 31.1 percent year-on-year in 2019, when global mobile phone sales fell 1.1 percent. According to the sales data of Q4 in 2019, Xiaomi has become the fourth largest mobile phone manufacturer in the world.