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Xiaomi Reports Significant Profit Decline in Second Quarter
Xiaomi announced a substantial drop in its second-quarter profit, with figures decreasing by 37.8% to 1.816 million euros, or 42.6% according to some reports. This downturn is attributed to a memory crunch and increased component costs.
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observadorPortuguese7d ago
Lucro da Xiaomi desce 37,8% para 1.816 milhões de euros
Xiaomi justifica queda de 37,8% no lucro com instabilidade geopolítica, "aumentos significativos nos custos de componentes-chave" e também uma concorrência mais intensa.
Read full article →YahooFrench7d ago
Xiaomi Profit Dives After Memory Crunch Worsens Downturn
Read full article →Coverage Timeline
First report: Yahoo · 18 Aug, 11:21|Full coverage: 2 · 5h|Window: 5h
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