Xiaomi reports a 22% jump in Q3 revenue

Core Insights - Xiaomi reported a 22.3% increase in third quarter revenue, highlighting its strong performance in the smartphone market and its strategic shift towards electric vehicles [1] Company Summary - The company is currently the world's third-largest smartphone maker, indicating its significant position in the global market [1] - Xiaomi is actively doubling down on its transition into the electric vehicle sector, which may present new growth opportunities [1]