Reuters:

Xiaomi reports Q3 revenue up 22.3% YoY to ~$15.9B, below ~$16.4B est., and net profit up 80.9% YoY to ~$1.59B, above ~$1.5B est., driven by AI and EV sales  —  China's Xiaomi (1810.HK) reported a 80.9% jump in third-quarter profit on Tuesday as the world's third-largest smartphone maker doubled down on its shift into electric vehicles.

Reuters:

Xiaomi reports Q3 revenue up 22.3% YoY to ~$15.9B, below ~$16.4B est., and net profit up 80.9% YoY to ~$1.59B, above ~$1.5B est., driven by AI and EV sales  —  China's Xiaomi (1810.HK) reported a 80.9% jump in third-quarter profit on Tuesday as the world's third-largest smartphone maker doubled down on its shift into electric vehicles.

Source: TechMeme
Source Link: http://www.techmeme.com/251118/p9#a251118p9