Xiaomi reports Q2 revenue down 6.1% YoY to ~$16.2B and net income down 21% to ~$1.4B, above est., amid a persistent memory shortage and weaker smartphone demand
Xiaomi Corp. posted profit that fell less than expected, raising hopes it can weather a persistent memory shortage that's weakened demand for smartphones.
Xiaomi reports Q1 revenue down 11% YoY to ~$14.6B, its first quarterly decline in three years, and net income down 57% to $695M amid a global memory price jump
Xiaomi Corp.'s quarterly profit tanked more than anticipated after sharp increases in memory prices exacted a heavy toll on the Chinese firm's smartphone business.
Xiaomi reports Q4 revenue up 7.3% YoY to ~$17B, narrowly above est., its slowest growth since 2023, as EV sales failed to make up for slumping smartphone demand
Xiaomi Corp. posted its slowest quarterly growth since 2023, after strong sales of its EVs failed to make up for slumping smartphone demand.
Xiaomi reports Q3 revenue up 22.3% YoY to ~$15.9B, below ~$16.4B est., and net profit up 80.9% YoY to ~$1.59B, above ~$1.5B est., driven by AI and EV revenue
China's Xiaomi (1810.HK) reported a 80.9% jump in third-quarter profit on Tuesday as the world's third-largest smartphone maker doubled …
Xiaomi says surging memory chip prices have raised the cost of making smartphones, after pricing of its new Redmi K90 series disappointed Chinese consumers
Chinese manufacturer Xiaomi warns of higher prices for new devices Jiahui Huang / MarketWatch : Xiaomi's Smartphone Pricing Disappoints as Memory-Chip Costs Bite Namrata Sen / Benzinga : Xiaomi Blames...
Xiaomi reports Q2 revenue up 31% YoY to ~$16.2B, above ~$16B est., and net income up 134% YoY to ~$1.6B, driven by EV sales countering slowing smartphone demand
Linda Lew / Bloomberg :
Qualcomm reports Q3 revenue up 10% YoY to $10.37B, vs. $10.35B est., and handset chip revenue up 7% YoY to $6.33B, vs. $6.44B est.
QCT Diversification … Reuters : Qualcomm's premium smartphone chip reliance, Apple modem loss overshadow upbeat forecast Derrek Lee / Android Central : Qualcomm reports $10.4B in revenue, says Xiaomi ...
Xiaomi reports Q1 revenue up ~50% YoY to ~$15.5B, above ~$15.17B est., as it invests heavily in autonomous EVs and growing its smartphone business
Bloomberg :
Xiaomi reports Q4 revenue up 48.8% YoY to ~$15B, above ~$14.4B est., adjusted net profit up 69.4% YoY to ~$1.2B, above ~$884M est., boosted by smartphone sales
Worldwide tablet shipments grew 9.2% YoY in 2024 to 147.6M units, after three consecutive years of decline; Xiaomi grew 73.1% YoY and Huawei grew 29.3% YoY
According to the latest data from Canalys, worldwide tablet shipments grew 5.6% year on year in Q4 2024, reaching 39.9 million units.