Xiaomi Q2 report: smartphone sales are down as the average selling price goes up
Xiaomi has reported a revenue of CNY 108.9 billion ($16.2 billion) for Q2 2026 – this is with a gross profit margin of 19.8% and an adjusted net profit of CNY 6.2 billion ($919 million). Revenue breakdown for Xiaomi’s Q2: smartphones & AIoT vs. EVs, AI and others Most of that came from smartphones and […]
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