Xiaomi posts record profit of $897.6 million in first quarter 2024

Chinese tech leader Xiaomi has announced record net profits of $897.6 million for the first quarter (Q1) of 2024 driven by growth trajectory in smartphones, IoT, electric vehicles (EV), etc. The financial report provides insights into the company’s flourishing businesses and its ever-growing prospects. According to the report, Xiaomi Group’s total revenue grew by 27% […]

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