Xiaomi announced total revenue of RMB 271 billion and adjusted net profit of RMB 19.3 billion for 2023.

Xiaomi Group recorded total revenue of RMB 271 billion in 2023, marking a significant increase in adjusted net profit. The company also reported an increase in spending related to its smart electric vehicle segment and other new initiatives. In the smartphone market, Xiaomi shipped approximately 145.6 million units globally during 2023.