It is the #1 smartphone brand in 12 countries and it is Top 5 in 62 countries. More specifically, it is #1 in Russia (with a 32.1% market share), #1 in Spain (35.1% share), #2 in Italy, #3 in Germany and France. It leads the important Indian market with a 28.3% market share. There are 351.1 million smart devices connected to Xiaomi’s AIoT platform (not counting smartphones or laptops). It spent CNY 3.0 billion in Q1, up from CNY 1.9 billion from last year’s report.
