Xiaomi Corp’s new Mi 11 smartphone. The Beijing-based company recorded its most-profitable year so far in 2020. Photo: Handout Xiaomi Corp’s new Mi 11 smartphone. The Beijing-based company recorded its most-profitable year so far in 2020. Photo: Handout
Xiaomi Corp’s new Mi 11 smartphone. The Beijing-based company recorded its most-profitable year so far in 2020. Photo: Handout
Xiaomi

Xiaomi posts 261 per cent rise in quarterly profit after winning preliminary injunction against US investment ban

  • Smartphone giant Xiaomi’s fourth-quarter profit beat market estimates to reach US$1.3 billion
  • Revenue in the December quarter hit US$10.8 billion on the back of overseas market growth

Topic |   Xiaomi
Xiaomi Corp’s new Mi 11 smartphone. The Beijing-based company recorded its most-profitable year so far in 2020. Photo: Handout Xiaomi Corp’s new Mi 11 smartphone. The Beijing-based company recorded its most-profitable year so far in 2020. Photo: Handout
Xiaomi Corp’s new Mi 11 smartphone. The Beijing-based company recorded its most-profitable year so far in 2020. Photo: Handout
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