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Xiaomi revenue growth slows in Q2 as smartphone shipments flat

2019-08-20 13:20:00| Telecompaper Headlines

(Telecompaper) Xiaomi reported a further slowdown in sales growth in the second quarter, hurt by the depressed smartphone market and weaker Chinese economy. Smartphone shipments were little changed year-on-year at 32.1 million units, while higher prices and growth in other devices and services helped total revenues at the company grow 14.5 percent. 

Tags: growth flat revenue smartphone

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