Bloomberg:

Xiaomi reports Q2 revenue down 6.1% YoY to ~$16.2B and net income down 21% to ~$1.4B, above est., amid a persistent memory shortage and weaker smartphone demand  —  Xiaomi Corp. posted profit that fell less than expected, raising hopes it can weather a persistent memory shortage that's weakened demand for smartphones.

Bloomberg:

Xiaomi reports Q2 revenue down 6.1% YoY to ~$16.2B and net income down 21% to ~$1.4B, above est., amid a persistent memory shortage and weaker smartphone demand  —  Xiaomi Corp. posted profit that fell less than expected, raising hopes it can weather a persistent memory shortage that's weakened demand for smartphones.

Source: TechMeme
Source Link: https://www.techmeme.com/260818/p13#a260818p13