Xiaomi revenue growth slows in Q2 as smartphone shipments flat

Xiaomi revenue growth slows in Q2 as smartphone shipments flat

(Telecompaper) Xiaomi reported a further slowdown in sales growth in the second quarter, hurt by the depressed smartphone market and weaker Chinese economy. Smartphone shipments were little changed year-on-year at 32.1 million units, while higher prices and growth in other devices and services helped total revenues at the company grow 14.5 percent. 
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