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Xiaomi revenue growth accelerates to 35% in Q3 on stronger smartphone sales

2020-11-24 14:58:00| Telecompaper Headlines

(Telecompaper) Xiaomi reported a strong acceleration in sales growth in the third quarter, driven by demand for its affordable 5G smartphones. Revenues rose 34.5 percent year-on-year to CNY 72.2 billion, and the company shipped 45.3 percent more smartphones than in Q3 2019, at a total 46.6 million units.

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