Xiaomi reports solid revenue and profit growth for 2020

Xiaomi Corporation (“Xiaomi” or the “Group”; stock code:1810), an internet company with smartphone and smart hardware connected by an Internet of Things (“IoT”) platform at its core, announced its audited consolidated results for the year ending on December 31, 2020. In 2020, Xiaomi’s total revenue for the year amounted to RMB245.9 billion, representing an increase of 19.4% year-over-year; adjusted net […]

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