Xiaomi chiude Q1 2026 con ricavi in calo a 99,1 mld yuan. Il segmento veicoli elettrici cresce nelle vendite ma registra una perdita

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

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…