Elettronica
2020 Q1: Huami Ranked the Top 5 in both Global Watch Shipment and Market Share[1]
Despite challenging market conditions that have impacted the consumer electronics industry,
Huami ranked No,1 by market share in Indonesia , Italy , Spain and India . Furthermore, Huami takes a record 58% share in Indonesia ; 38% share in Italy ; 24% share in Spain ; 23% share in India . Huami also entered the top five for the first time in the US, the world's largest single watch market. Besides, Huami entered the top 3 by shipment in Thailand ; the top 4 in Russis and the top 5 in Brazil , France , Germany , Poland and China .
Unaudited financial results for the first quarter ended
March 31, 2020 showed that Huami revenues reached
RMB1,088.5 million ( US$153.7 million ), representing an increase of 36.1% from the first quarter of 2019. Total units shipped reached 7.6 million, compared with 5.6 million in the first quarter of 2019.
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