XGIMI Expands International Business And Grows By Over 40% In 2021
SUNNYVALE, Calif., April 28, 2022 /PRNewswire/ -- Leading smart projector brand XGIMI today announced its financial results for 2021. The company's revenue grew by 42.78% last year, following the launch of a series of smart projectors. XGIMI's projectors provide an easy setup, premium Harman Kardon sound, and high-quality resolution, helping the company's revenue grow from RMB 2.828 billion to RMB 4.038 billion in 2021. XGIMI focused particularly on R&D, the expenditure for which increased by 89.03% year-over-year. Consequently, this enhanced the company's AI-powered Intelligent Screen Adaption technology, light source performance, software usability, and increased smart features.