Pedestrians walk past a Xiaomi Corp store in Hong Kong on May 25, 2021. The Beijing-based company was ranked as the world’s third-biggest smartphone vendor in the quarter to March. Photo: Bloomberg
Pedestrians walk past a Xiaomi Corp store in Hong Kong on May 25, 2021. The Beijing-based company was ranked as the world’s third-biggest smartphone vendor in the quarter to March. Photo: Bloomberg
Xiaomi
Tech /  Big Tech

Xiaomi keeps eye on global chip shortage as smartphone giant beats first-quarter earnings estimates

  • Smartphone giant Xiaomi’s first-quarter profit beat market estimates to reach US$1.2 billion
  • Revenue in the March quarter hit US$12 billion on expanded sales worldwide

Celia ChenMinghe Hu
Celia Chen in Shenzhenand Minghe Hu in Beijing

Updated: 10:36pm, 26 May, 2021

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Pedestrians walk past a Xiaomi Corp store in Hong Kong on May 25, 2021. The Beijing-based company was ranked as the world’s third-biggest smartphone vendor in the quarter to March. Photo: Bloomberg
Pedestrians walk past a Xiaomi Corp store in Hong Kong on May 25, 2021. The Beijing-based company was ranked as the world’s third-biggest smartphone vendor in the quarter to March. Photo: Bloomberg
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