Huami Technology released its financial report for the first quarter of 2020. Despite the unprecedented challenges of the new coronary pneumonia epidemic worldwide, Huami Technology has achieved steady growth. In addition, Huang Wang, the founder, chairman, and CEO of Huami Technology confirmed that he will launch the Xiaomi Mi Band 5 later this year.
The financial report shows that Huami Technology’s first-quarter revenue reached 1.0885 billion yuan ($ 153.7 million), an increase of 36.1% from the first quarter of 2019; this growth rate also exceeded the previous revenue growth of 22.6% to 26.3%. Performance guidance. At the same time, the company also maintained continuous profitability in the first quarter.
Background
Mi Band 5 is reported that in the first quarter, the total shipment of Huami Technology Smart Devices reached 7.6 million units, an increase of 35.7% from the 5.6 million units in the first quarter of last year. As of March 31, 2020, Huami Technology had cash and equivalents of 2.5276 billion yuan (the US $ 357 million).
In addition, Huang Wang, the founder, chairman, and CEO of Huami Technology confirmed that he will launch the Xiaomi Mi Band 5 later this year.
Xiaomi Mi Band 5 is worth mentioning that a group of spy photos of Xiaomi Mi Band 5 was exposed on Weibo. Recently-the the screen was changed to a brand-new oval hole-digging screen for the first time. And the hole-digging is located in the lower middle of the screen. Corresponding to the position of the previous capacitive button.
Xiaomi Mi Band 5 is rumored that this screen will be upgraded from 0.95 inches to 1.2 inches. The visual border is also very narrow, and the screen ratio is expected to reach a fairly high level. In terms of functions, Xiaoai classmates, NFC, color screen, and long battery life should continue.
However, some bloggers believe that this should not be the final mass production version. Doing a small screen with a digging full screen will greatly reduce the yield. Mi Band 5 is a product with a lot of volumes, and digging is completely unnecessary. If this is the case, the price is doubled, will you buy it?
Read Also: Xiaomi Mi Band 5 Leaked: Elliptical Design Screen Ratio is Very High
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