Xiaomi Revenue Falls 10 Percent in Third Quarter After Global Smartphone Market Shrinks

Xiaomi posted a drop in this quarter's revenue as the global smartphone market shrank and consumer demand weakened. Sales of mobile devices fell 11 percent and the company logged sales of CNY 70.5 billion (roughly Rs. 80,900 crore), slightly above estimates. Gadgets 360 https://ift.tt/xq9deBw