© Reuters. People walk past Xiaomi, a Chinese manufacturer of consumer electronics, store in Mumbai, India, May 11, 2022. REUTERS/Francis Mascarenhas
SHANGHAI (Reuters) – Chinese smartphone maker Xiaomi (OTC:) Corp on Wednesday reported quarterly revenue of 70.17 billion yuan, a 9.7% fall year-on-year and a touch below analyst expectations.
Net income reached 2.12 billion yuan, down 59.1% year-on-year and slightly above analyst expectations.
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