Smartphone giant Xiaomi Corp opened in October its Mi Store in Murmansk, a Russian port city located within the Arctic Circle. It is the Chinese company’s northernmost retail store in the world. Photo: Handout
Xiaomi posts 34 per cent rise in revenue on back of overseas growth as Huawei leaves a gap
- Beijing-based Xiaomi has seized smartphone market share overseas from Android rival Huawei, which has struggled because of US trade sanctions
- Third-quarter adjusted net profit rose 19 per cent to US$623 million
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Xiaomi
Smartphone giant Xiaomi Corp opened in October its Mi Store in Murmansk, a Russian port city located within the Arctic Circle. It is the Chinese company’s northernmost retail store in the world. Photo: Handout