Tech giant Xiaomi revenue up 52.6 percent in 2018

BEIJING, March 19 (Xinhua) -- Xiaomi said Tuesday that its 2018 revenue reached 174.9 billion yuan (26 billion U.S. dollars), marking a 52.6-percent increase as the Chinese tech firm achieved robust smartphone sales and successful expansion in the home appliance market.

The Beijing-headquartered company also said its international revenue grew 118.1 percent to 70 billion yuan. Its net profit last year reached 13.48 billion yuan.