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Xiaomi revenue growth slows to 5.5% in Q3 as smartphone sales turn lower

2019-11-27 13:48:00| Telecompaper Headlines

(Telecompaper) Xiaomi reported revenues for the third quarter of CNY 53.7 billion, up 5.5 percent from a year earlier. While smartphone revenues fell 7.8 percent to CNY 32.3 billion, the company said it improved gross margins and continued to grow its services business and in other consumer products. 

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