BEIJING (Reuters) - China's Xiaomi Corp ( XIACF ) posted a 32% rise in second-quarter revenue on Wednesday, driven by new revenue streams from its auto business unit and boosted by strong sales of handsets.

For the three months ending in June, Xiaomi's ( XIACF ) revenue was 88.9 billion yuan ($12.46 billion), beating the 85.8 billion yuan estimated by analysts according to LSEG.

Adjusted net income was 6.18 billion yuan, above the 4.8 billion yuan estimated by analysts.

($1 = 7.1332 Chinese yuan renminbi)