While the Mi 11 was the star attraction of today’s event, Xiaomi used to opportunity to report it’s progress so far. Last year the company grew to be the 3rd largest smartphone maker in the world (helped by Huawei’s demise, of course).
It is now the #1 brand in 10 markets and in the Top 3 in 36 markets. Xiaomi is the fastest-growing brand in the high-end segment with an impressive 3,639% growth year on year in Q3 2020 (based on Canalys data for the $500+ segment).
Between Q4 2019 and Q3 2020 Xiaomi invested $1.3 billion in research and development. And it’s paying off – 2,143…
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