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Xiaomi Profit Drops More Than Expected in Global Memory Crunch
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Xiaomi Profit Drops More Than Expected in Global Memory Crunch

Bloomberg Tech · May 26, 2026, 9:42 AM · Also reported by 1 other source

Xiaomi Corp.’s profit in the first quarter tanked more than analysts had expected, as sharp increases in memory prices exacted a heavy toll on the Chinese firm’s smartphone business.

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