Booking.com

Author Topic: Xiaomi Phone Sales Slow Down  (Read 258 times)

MIKELIGALIG.com

  • FOUNDER
  • Webmaster
  • *****
  • Posts: 20487
  • NEED A WEBSITE? 09206301130 | info@mikeligalig.com
Xiaomi Phone Sales Slow Down
« on: November 28, 2016, 06:41:43 PM »
Sharp drops in smartphone sales for China's Xiaomi Inc [XTC.UL] 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 in its last fund-raising in 2014 - making it briefly the world's most valuable start-up at a time when it was China's best-selling smartphone maker and looked set to make a splash worldwide.

But last year it missed its global smartphone targets by 12 percent, while its third-quarter China smartphone sales have tumbled 45 percent, according to research firm IDC - raising doubts that the valuation is still warranted.

Xiaomi's global vice-president Hugo Barra said the company's business model was not based on money made from handset sales per se and that it did not need to raise more funds or see any point in doing so at a valuation of less than $46 billion.

TUBAGBOHOL.com can now be accessed on mobile phones via Tapatalk App both in Android and Apple OS.

Romans 10:9-10
"If you declare with your mouth, “Jesus is Lord,” and believe in your heart that God raised him from the dead, you will be saved. For it is with your heart that you believe and are justified, and it is with your mouth that you profess your faith and are saved."

Lazada.com.ph Search ProductsBooking.com Hotel Search | SitemapRSS Feeds


vrglguapo

  • EXPERT
  • ***
  • Posts: 2024
Re: Xiaomi Phone Sales Slow Down
« Reply #1 on: November 28, 2016, 10:56:38 PM »
siomai ang kusog ang sales karon..:P


 

Mobile View