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Tech Brief (May 27): Xiaomi’s First-Quarter Profit Drops 43%
Self-driving startup Pony.ai’s robotaxi revenue hits record high, AI firm Baichuan unveils new medical AI model
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caixinglobal.com
Xiaomi Profit Drops 43% as Memory Costs and EV Transition Weigh on Growth
The smartphone maker missed expectations as surging chip prices and weaker handset and EV momentum offset gains in premium pricing and overseas expansion
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economictimes.indiatimes.com
China's Xiaomi Q1 profit sinks 43% on higher memory chip costs - The Economic Times
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…
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businessday.co.za
Xiaomi profit tumbles as smartphone pressures outweigh growth plans
Flagship YU7 SUV pricing intensifies competition with Tesla in China
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Tech Brief (May 27): Xiaomi’s First-Quarter Profit Drops 43%
Self-driving startup Pony.ai’s robotaxi revenue hits record high, AI firm Baichuan unveils new medical AI model