Xiaomi has a habit of creating simplified versions of flagships, so it is not surprising that they intend to develop this direction further. As a result, Xiaomi 12 Lite should be the most affordable offering of the 12-series, but without progress in performance compared to Xiaomi Mi 11 Lite 5G NE.
But today, we are not talking about hardware but the appearance of the smartphone. Previously, it was assumed that in terms of exterior, Xiaomi 12 Lite would inherit the features of the 12-series devices, but live shots of the model show the opposite. No, there will be no cardinal external transformations; only the performance of the primary camera will be slightly corrected. The rear camera block is very similar to the one implemented in Redmi Note 11.
As for the front panel of Xiaomi 12 Lite, there were expectedly no surprises. The choice fell on a flat board with a selfie camera, which is present in the center of the top of the display. As a result, the smartphone’s edges are close to being flat.
For the first time, Xiaomi 12 Lite photos are live.
There is information that Xiaomi 12 Lite will offer a 6.55-inch AMOLED screen with a refresh rate of 120Hz, a Snapdragon 778G platform, and a triple camera with a 108-megapixel primary sensor with an optical stub and 67-watt fast charging.
The Chinese company Xiaomi, whose main activity is developing and producing smartphones, electronics, and home appliances, has published financial results for 2021. During the reporting period, the company’s adjusted profit increased to $3.46 billion, which indicates an increase of 69.5% compared to 2020.
Adjusted profit for the fourth quarter of 2021 reached $702 million, up 40% from the same three-month period in 2020. Quarterly earnings came in above analysts’ expectations of $660 million.
According to the report, Xiaomi’s sales in the fourth quarter of 2021 increased by 21% to $13.5 billion. In addition, annual revenue increased by 33.5% to $51.65 billion. Along with announcing financial results, Xiaomi announced a buyback of shares at $1.3 billion.
Citigroup analysts Andre Lin and Arthur Lai noted that Xiaomi continues to be the world’s third-largest supplier of smartphones. Despite the prolonged supply disruptions and price fluctuations that Xiaomi experienced in the second half of last year, the company held its ground. The aggravation of the conflict between Russia and Ukraine will add problems to the company’s foreign business, analysts say. However, they are confident that the consequences of the current geopolitical situation will be “manageable” for Xiaomi.