{"id":148467,"date":"2026-03-24T10:27:27","date_gmt":"2026-03-24T10:27:27","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=148467"},"modified":"2026-03-24T10:27:27","modified_gmt":"2026-03-24T10:27:27","slug":"xiaomi-profit-drops-27-on-weaker-smartphone-sales-as-chinese-firms-ev-growth-slows","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=148467","title":{"rendered":"Xiaomi profit drops 27% on weaker smartphone sales as Chinese firm\u2019s EV growth slows"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostXiaomi, the Chinese smartphone and electric vehicle (EV) maker, reported that fourth-quarter net profit dropped 27 per cent from a year earlier, as weaker sales cut into margins.<br \/>\nProfit fell to 6.5 billion yuan (US$943 million), a 47 per cent plunge from the previous quarter and the lowest quarterly number in a year. It was also the first quarter-on-quarter decline since the second quarter of 2024.<br \/>\nFourth-quarter revenue rose 7.3 per cent from a year earlier and 3 per cent compared with the&#8230;<a href=\"https:\/\/www.scmp.com\/business\/china-evs\/article\/3347728\/xiaomi-profit-drops-27-weaker-smartphone-sales-chinese-firms-ev-growth-slows?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostXiaomi, the Chinese smartphone and electric vehicle (EV) maker, reported that fourth-quarter net profit dropped 27 per cent from a year earlier, as weaker&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/148467"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=148467"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/148467\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=148467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=148467"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=148467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}