Tuesday, March 22, 2022

Xiaomi reports Q4 revenue rose 21.4% YoY to ~$13.45B, net income grew 39.6% YoY to ~$702M, and smartphone shipments rose 4.4% to 44.1M (Reuters)

Reuters:
Xiaomi reports Q4 revenue rose 21.4% YoY to ~$13.45B, net income grew 39.6% YoY to ~$702M, and smartphone shipments rose 4.4% to 44.1M  —  Chinese smartphone maker Xiaomi Corp (1810.HK) on Tuesday reported a bigger-than-expected 21.4% rise in fourth-quarter revenue, as industry shipments …



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MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

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