Xiaomi's 2024 Performance Report: Stellar Achievements and Market Competition with Huawei and OPPO

Xiaomi's 2024 Performance Report: Stellar Achievements and Market Competition with Huawei and OPPOMeanwhile, Huawei is actively deploying its future smart home strategy. On March 21st, Huawei's Consumer Business CEO, Yu Chengdong, partnered with CCTV News for a live broadcast with host Xiao Ni, showcasing Huawei's HarmonyOS Smart Home

Xiaomi's 2024 Performance Report: Stellar Achievements and Market Competition with Huawei and OPPO

On the afternoon of March 18th, Xiaomi officially released its 2024 performance report, quickly becoming a hot topic online. The report revealed that Xiaomi achieved record-high performance in 2024, with several key indicators significantly exceeding industry expectations and demonstrating growth across the board. This is not only a milestone in Xiaomi's own development history but also injects new vitality into the challenging smartphone market.

The core highlights of Xiaomi's performance report lie in the breakthroughs of its three major business segments: automobiles, smartphones, and home appliances. First, Xiaomi's automobile deliveries surpassed 200,000 units in less than a year, setting a record for the fastest delivery of 200,000 vehicles in the industry. This demonstrates Xiaomi's strong strength and market competitiveness in the new energy vehicle sector. Second, Xiaomi smartphones maintained a strong global presence, holding the global third position for 18 consecutive quarters and ranking among the top five in 65 countries and regions worldwide. More noteworthy is the significant increase in sales of Xiaomi's high-end models and a marked rise in average selling prices, signifying an enhanced competitiveness in the high-end market. The success of the Xiaomi 15 Ultra further solidifies its position in the ultra-high-end segment. Finally, Xiaomi's home appliance business, including televisions, refrigerators, air conditioners, and washing machines, also achieved its best-ever performance. With plans to declare 2025 as the "Year of Home Appliance Export," Xiaomi intends to further expand its international market and explore new growth opportunities. Xiaomi's robust growth reflects its comprehensive strength in product R&D, marketing, and supply chain management, laying a solid foundation for its future development.

Meanwhile, Huawei is actively deploying its future smart home strategy. On March 21st, Huawei's Consumer Business CEO, Yu Chengdong, partnered with CCTV News for a live broadcast with host Xiao Ni, showcasing Huawei's HarmonyOS Smart Home. Huawei has built a 3,000-square-meter HarmonyOS Smart Home experience center in Shanghai, aiming to showcase the future of smart homes to consumers. This broadcast attracted significant attention, as it represents Huawei's strategic layout for future smart homes, and the endorsement of CCTV News will undoubtedly draw a large audience and have a profound impact on industry development. Prior to the live broadcast, Huawei held the Pura brand ceremony on March 20th, launching several new car models, indicating Huawei's continued efforts in the automotive sector and its active exploration of new business growth points. The establishment of the Huawei HarmonyOS Smart Home experience center and the collaboration between Yu Chengdong and CCTV News demonstrate Huawei's determination and strength in entering the smart home market. Through this event, Huawei aims to showcase its leading technologies and overall solutions in smart home appliances, further enhancing its brand image and market competitiveness.

Besides Xiaomi and Huawei, OPPO is also actively launching new products to capture market share. OPPO Vice President, Zhou Yi Bao, recently revealed several highlights of the OPPO Find X8s, mentioning its narrowest bezels, thinnest body, and smallest camera bump among small-screen flagship phones. He also released a comparison image of the OPPO Find X8s and iPhone 16 Pro, visually showcasing the breakthrough progress in thinness and lightness. Based on previously released data, the OPPO Find X8s achieves an extreme level of thinness and lightness, and its excellent feel is expected to be a major highlight, further enhancing the user experience. The launch of the OPPO Find X8s is a significant move by OPPO in the high-end market competition, aiming to attract more high-end users through excellent product design and user experience, enhancing its brand competitiveness in the high-end segment.

In conclusion, the impressive performance shown in Xiaomi's 2024 report, along with Huawei and OPPO's proactive strategies in their respective fields, indicates a more intense competition in the 2024 smartphone market. Xiaomi's success across smartphones, automobiles, and home appliances showcases its strong comprehensive strength; Huawei is committed to building a leading smart home ecosystem and actively expanding new business growth points; and OPPO focuses on the high-end market, striving for greater market share through ultra-thin designs and excellent user experience. The efforts of these three companies in different areas will have a profound impact on the overall smartphone market landscape, providing consumers with more diverse choices and richer product experiences. The competition between these three companies will intensify in the future, driving technological innovation and product upgrades in the smartphone industry, ultimately benefiting consumers. This heightened competition will also push companies to continuously improve their core competitiveness, bringing more innovation and surprises to the market. The rivalry between Xiaomi, Huawei, and OPPO will undoubtedly be one of the most captivating focal points in the smart technology field in 2024 and beyond. Their strategic plans and product innovations will profoundly influence the shape of future smart living. Let us eagerly anticipate the surprises and breakthroughs these three companies will bring.