Lucro da Xiaomi encolhe no 1º trimestre pressionado por custos e demanda fraca

The smartphone maker missed expectations as surging chip prices and weaker handset and EV momentum offset gains in premium pricing and overseas expansion

Lucro da Xiaomi encolhe no 1º trimestre pressionado por custos e demanda fraca

Xiaomi's first-quarter net profit saw a significant 43% drop. High memory chip costs pressured its smartphone sales. The company is investing heavily in electric vehicles and AI…