Tag: Revenue

  • Redmi Note 13 5G Series Hits INR 1,000 Crores Revenue Post India Launch

    Redmi Note 13 5G Series Hits INR 1,000 Crores Revenue Post India Launch

    Xiaomi’s Redmi Note 13 Series 5G

    Xiaomi’s Redmi Note 13 Series 5G has enjoyed a successful start to 2024, raking in an impressive revenue of INR 1,000 crores (~$120 million) since its debut on January 10, 2024. This lineup encompasses the Redmi Note 13 Pro+ 5G, Redmi Note 13 Pro 5G, and Redmi Note 13 5G, each tailored to diverse user needs and delivering a variety of premium functionalities.

    Redmi Note 13 Pro+ 5G and Redmi Note 13 Pro 5G

    The Redmi Note 13 Pro+ 5G and Redmi Note 13 Pro 5G cater to users seeking top-tier features. These smartphones offer excellent displays, flagship-grade cameras, and fast charging capabilities.

    • The Redmi Note 13 Pro+ 5G showcases a boxy design, available in glass and leather options, and holds an IP68 rating for dust and water resistance. It flaunts a 6.67-inch punch-hole curved OLED display with a 120Hz refresh rate and 240Hz touch sampling rate. Powered by a MediaTek Dimensity 7200 Ultra chipset, it features a triple rear camera system with a leading 200MP primary sensor. Notable features include Dolby Atmos-supported dual stereo speakers, an in-display fingerprint sensor, and a 5,000mAh battery supporting 120W wired charging.
    • In contrast, the Redmi Note 13 Pro 5G features a flat frame design and an IP54 splash resistance rating. It runs on a Qualcomm Snapdragon 7s Gen 2 chip and boasts a 6.67-inch punch-hole AMOLED display with a 120Hz refresh rate. The device houses a triple rear camera setup with a 200MP primary sensor and offers 67W fast charging for its 5,100mAh battery. Connectivity options span dual SIM, 5G, WiFi 6E, and an in-screen fingerprint sensor.

    Redmi Note 13 5G

    The Redmi Note 13 5G continues the trend of pushing boundaries at an accessible price point. It features an immersive display and a sleek design, establishing itself as the slimmest Redmi Note up to this point.

    • The device adopts a flat frame design and boasts a 6.67-inch punch-hole AMOLED display with a 120Hz refresh rate. It is powered by a MediaTek Dimensity 6080 chipset and sports a triple rear camera setup, spearheaded by a 108MP primary sensor, complemented by a 16MP front camera. Additionally, the device supports dual SIM, 5G, WiFi 6E, and 33W wired charging for its 5,000mAh battery. Key elements include dual stereo speakers, a MicroSD card slot, and an IP54 splash resistance rating.

    Pricing and Availability

    • Redmi Note 13 Pro+ 5G: Effective Price starts at INR 29,999 (8GB+256GB), INR 31,999 (12GB+256GB), and INR 33,999 (12GB+512GB), with inclusive offers.
    • Redmi Note 13 Pro 5G: Effective Price begins at INR 23,999 (8GB+128GB), INR 25,999 (8GB+256GB), and INR 27,999 (12GB+256GB), including offers.
    • Redmi Note 13 5G: Effective Price starts at INR 16,999 (6GB+128GB), INR 18,999 (8GB+256GB), and INR 20,999 (12GB+256GB), with inclusive offers.

    Customers can avail an immediate ₹2000 discount with ICICI Credit and Debit cards, along with a special Xiaomi loyalty bonus of ₹2,500 for Xiaomi/Redmi customers. Furthermore, purchasers of the Redmi Note 13 5G Series can acquire the Redmi Watch 3 Active for just INR 1,999.

    Xiaomi has once again delivered an array of remarkable smartphones through its Redmi Note 13 Series 5G. These devices offer a fusion of premium features, affordability, and state-of-the-art technology, positioning them as a compelling choice for smartphone enthusiasts.

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  • Huawei defies US sanctions, set to achieve nearly $100 billion revenue by 2023

    Huawei defies US sanctions, set to achieve nearly $100 billion revenue by 2023

    In his New Year’s speech, Huawei‘s rotating chairman, Hu Houkun, delivered a message of resilience and optimism. After several years of navigating a challenging global landscape, Huawei operations have “basically returned to normal,” with sales revenue expected to exceed CNY 700 billion (USD 99 billion) in 2023. This achievement speaks volumes about the company’s unwavering commitment to innovation and customer service.

    Huawei’s Success in 2023

    Hu Houkun also highlighted several key areas of success for Huawei in 2023:

    Stable ICT infrastructure business

    Huawei’s core business remained strong, providing a solid foundation for the company’s overall growth.

    Terminal business exceeding expectations

    Despite ongoing challenges, Huawei’s smartphone and other consumer electronics businesses performed better than anticipated.

    Digital energy and cloud business achieving good growth

    Huawei’s investments in renewable energy and cloud computing solutions are paying off, with both sectors experiencing significant growth.

    Significantly improved competitiveness of smart car solutions

    Huawei is making strides in the burgeoning electric vehicle market, with its smart car solutions becoming increasingly competitive.

    Houkun further expressed his deep gratitude to all those who have contributed to Huawei’s success, including customers, partners, employees, and their families. He emphasized that it is the “common belief” that has allowed Huawei to weather the storms and move forward.

    While acknowledging the ongoing challenges posed by geopolitical uncertainties and economic fluctuations, Hu Houkun also outlined Huawei’s vision for the future. He emphasized the company’s commitment to digitalization, intelligence, and low-carbonization as key drivers of growth.

    Key Focus Areas for Huawei 2024

    Hu Houkun outlined several key focus areas for Huawei in 2024. Huawei will continue to invest in cutting-edge technologies, such as large language models and high-performance computing, to fuel innovation and growth.

    Huawei is aiming to establish a world-class computing infrastructure to support its various digital initiatives. Ensuring the quality and security of its products and services will also remain a top priority for Huawei.

    Moreover, Huawei will continue to foster a collaborative ecosystem by partnering with other companies and organizations. It will further streamline its organizational structure and empower employees to take ownership of their work. Most importantly, the company will prioritize the development of its leaders to ensure they are equipped to face the challenges of the future.

    Hu Houkun concluded his speech with a message of hope and optimism. He expressed his confidence in Huawei’s ability to overcome any obstacle and achieve even greater success in the years to come. He believes that “people need precipitation and accumulation in order to become stronger,” and that Huawei’s past experiences have made it “down-to-earth” and prepared to “move forward steadily to win greater victory.”

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