Xiaomi's Q1 Revenue Falls 4,6% due to Covid and Supply Chain Disruption

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - SHENZHEN. Chinese smartphone maker Xiaomi Corp reported a fall in first-quarter revenue as Covid-19 controls and lockdowns bit into demand in China while broader economic headwinds affected sales overseas.

Revenue in the quarter ending March 31 dropped to 73,35 billion yuan (US$ 10,85 billion) from 76,88 billion and fell short of the 74,3 billion expected by analysts. Refinitiv data showed.