Xiaomi triples profits despite smartphone market slowdown

Xiaomi triples profits despite smartphone market slowdown

Chinese smartphone maker Xiaomi beat quarterly profit estimates as it dominated the fast-growing Indian market. In the fourth-quarter, net profit more than tripled to 1.85 billion yuan ($275.6 million). Revenue for the quarter surged 27 per cent to 44.4 billion yuan.

KCooper
KCooper
Top in Tech
Get the App