Bloomberg:

Xiaomi reports Q1 revenue down 11% YoY to ~$14.6B, its first quarterly decline in three years, and net income down 57% to $695M amid a global memory price jump  —  Xiaomi Corp.'s profit in the first quarter tanked more than analysts had expected, as sharp increases in memory prices exacted …

Bloomberg:

Xiaomi reports Q1 revenue down 11% YoY to ~$14.6B, its first quarterly decline in three years, and net income down 57% to $695M amid a global memory price jump  —  Xiaomi Corp.'s profit in the first quarter tanked more than analysts had expected, as sharp increases in memory prices exacted …

Source: TechMeme
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