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Xiaomi revenues lift 27% in Q1, as IoT, internet services offset slower smartphone growth
2019-05-20 14:09:00| Telecompaper Headlines
(Telecompaper) Xiaomi said revenues for the first quarter rose 27.2 percent from the year before to CNY 43.8 billion, and that its operating profit lifted 12.5 percent to CNY 3.7 billion. The net profit however dipped almost 6 percent lower to CNY 3.2 billion.
Tags: services
internet
growth
offset
Category:Telecommunications