World's third largest smartphone maker Xiaomi made just $56 million profit last year

Himanshu Arora

Posts: 902   +7
Xiaomi Technology, often referred to as the ‘Apple of China', made just 347.48 million yuan ($56.15 million) of profit on 26.58 billion yuan ($4.30 billion) in revenue last year, according to Reuters. The information was obtained from the financial results...

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I like the Xiaomi Pistons 2 earphones, $20 only and has great sound quality.