Tag Archives: Xiaomi revenue news

Xiaomi revenue falls by 9.7% in third quarter due to covid-19

The giant smartphone maker Xiaomi’s revenue has fallen by almost 9.7% in the third quarter as covid-19 hits china. As a new variant of omicron spreads across the country government puts Covid-19 restrictions and cities across china implement lockdowns. Total sales revenue reported is 70.17 billion yuan($9.81 billion) which is roughly 9.7% lower than 78.06… Read More »