Xiaomi posted a 43% first-quarter net-profit slump as high memory-chip costs pressured its smartphone business, while its EV unit generated $2.8 billion in revenue but still dragged on earnings because of heavy investment and lower margins | Collector

Xiaomi posted a 43% first-quarter net-profit slump as high memory-chip costs pressured its smartphone business, while its EV unit generated $2.8 billion in revenue but still dragged on earnings because of heavy investment and lower margins

Reuters Business

Xiaomi posted a 43% first-quarter net-profit slump as high memory-chip costs pressured its smartphone business, while its EV unit generated $2.8 billion in revenue but still dragged on earnings because of heavy investment and lower margins

Xiaomi posted a 43% first-quarter net-profit slump as high memory-chip costs pressured its smartphone business, while its EV unit generated $2.8 billion in revenue but still dragged on earnings because of heavy investment and lower margins

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