Analysis: Xiaomi Delivered Solid Growth in China Smartphone Market in Q4 2024, Benefiting from Subsidy Policy
Discover how Xiaomi achieved 5% YoY growth in Q4 2024, outperforming the global smartphone market and benefiting from local subsidies in China.
In Q4 2024, Xiaomi achieved 5% YoY growth by global smartphone shipments, leading the global top five vendors and outperforming the overall market. The company has maintained its growth momentum for six consecutive quarters. While overseas results were mixed, Xiaomi demonstrated strong momentum in its home market, emerging as the main beneficiary of local smartphone subsidy programs in China.
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