On the finish of final 12 months, the premiere of the Xiaomi 12 collection occurred, which at the moment has three fashions: Xiaomi 12, Xiaomi 12 Professional and Xiaomi 12X. Sooner or later, two extra smartphones Xiaomi 12 Extremely and Xiaomi 12 Lite will be part of them. The primary of those units ought to launch in June; and it’s among the many first contenders for the Snapdragon eight Gen 1 Plus.

And in the present day, the well-known insider Digital Chat Station shared particulars concerning the lite model of the flagship. Based on him, Xiaomi 12 Lite will provide a Snapdragon 778G / 778G + chipset, a proprietary MIUI 13 shell, NFC and eight GB of RAM. By way of design, the smartphone will repeat the options of the older brothers of the collection and can provide a show fingerprint scanner.

New particulars on the upcoming Xiaomi 12 Lite smartphone

The combination of a fingerprint sensor into the display means that an OLED panel shall be provided right here. Maybe the panel right here shall be just like the one put in in Xiaomi 12 and Xiaomi 12X. IrDA and stereo audio system are promised. How quickly the corporate intends to introduce Xiaomi 12 Lite, the insider didn’t point out. One can solely assume that the smartphone could also be current in April or Could; and China would be the first nation the place it goes on sale.

The Chinese language firm Xiaomi, whose major exercise is the event and manufacturing of smartphones, electronics and residential home equipment, has revealed monetary outcomes for 2021. Through the reporting interval, the corporate’s adjusted revenue elevated to $3.46 billion, which signifies a rise of 69.5% in comparison with the determine for 2020.

Adjusted revenue for the fourth quarter of 2021 reached $702 million, up 40% from the identical three-month interval in 2020. Quarterly earnings got here in above analysts’ expectations of $660 million.

Additionally, based on the report, Xiaomi’s gross sales within the fourth quarter of 2021 elevated by 21% to $13.5 billion. Annual income elevated by 33.5% to $51.65 billion. Together with the announcement of monetary outcomes, Xiaomi introduced a buyback of shares within the quantity of at $1.Three billion.

Citigroup analysts Andre Lin and Arthur Lai famous that Xiaomi continues to be the world’s third-largest provider of smartphones. The corporate held its floor regardless of the lengthy provide disruptions and value fluctuations that Xiaomi skilled within the second half of final 12 months. The aggravation of the battle between Russia and Ukraine will add issues to the corporate’s international enterprise, analysts say. Nevertheless, they’re assured that the implications of the present geopolitical scenario shall be “manageable” for Xiaomi.