Xiaomi posts revenue growth in Q2 despite headwinds in key markets

Sky Blue 11

26/08/2020 11:13

SHENZHEN, China, Aug 26 (Reuters) - Xiaomi Corp  1810.HK 
reported a 3.1% rise in second-quarter revenue on Wednesday, as
overseas demand for its premium smartphones rose even while key
markets struggled with the pandemic.
    Sales in the quarter ending June 30 rose to 53.54 billion
yuan ($7.77 billion) from 51.95 billion yuan in the same period
prior year, beating analysts' expectations of 51.41 billion
yuan.

($1 = 6.8896 Chinese yuan renminbi)

 (Reporting by David Kirton in Shenzhen and Josh Horwitz in
Shanghai; Editing by Andrew Heavens)
 ((David.Kirton@thomsonreuters.com;))