Smartphone maker Xiaomi posts slowest-ever income development in third quarter


FILE PHOTO: Xiaomi logos are seen throughout a information convention in Hong Kong, China June 23, 2018.  Information/Bobby Yip

SHANGHAI (Information) – Chinese language smartphone maker Xiaomi Corp on Wednesday posted Q3 income of 53.6 billion yuan in income, in step with analyst estimates.

The corporate’s adjusted web revenue hit three.47 billion yuan, additionally assembly analyst expectations.

(This story has been corrected so as to add yuan for forex, modifications headline)

Reporting by Josh Horwitz