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Xiaomi smartphone shipments drop 35% in Q1 2026 as focus shifts to profit

Xiaomi experienced a significant 35% year-over-year drop in smartphone shipments during the first quarter of 2026, reaching 8.7 million units. This sharp decline, the most severe among the top five global vendors, indicates the company's strategic shift towards protecting profit margins rather than aggressively pursuing market share. The company delayed price increases until April, contributing to this focus on profitability. AI

RANK_REASON This article discusses a company's business strategy and financial performance, not a core AI development.

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Xiaomi smartphone shipments drop 35% in Q1 2026 as focus shifts to profit

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COVERAGE [1]

  1. Pandaily TIER_1 English(EN) · [email protected] (Pandaily) ·

    Xiaomi Smartphone Shipments Plunge 35% in Q1 2026 as Company Shifts to Profit Protection Mode

    Xiaomi's Chinese smartphone shipments fell 35% year-over-year in Q1 2026 to 8.7 million units, the steepest decline among the top five global vendors, as the company begins to prioritize margins over market share after delaying price increases until April.