Tag Archives: Shrinking

Xiaomi Says Shrinking Smartphone Sales Won’t Hit the Company

Sharp drops in smartphone sales for China’s Xiaomi Inc will not have a major impact on the company as profit growth will be driven by sales from smart home devices as well as revenue from its software eco-system, a senior executive said. Xiaomi was valued at $46 billion (roughly Rs. 3,14,938 crores) in its last fund-raising in 2014 – making ... Read More »