bearish
[Xiaomi (1810 HK, SELL, TP HK$8.2) Company Update]: EV Expense Acceleration at the Starting Line
309 Views25 Apr 2023 08:50
Per Tmall tracking data, in 1Q23 we expect Xiaomi’s (1) phone unit sales fell 18% YoY to 31.7mn (2) phone ASP rose 2% YoY, (3) IoT revenue fell 10% YoY
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Blue Lotus Research Institute
China growth and global non-US Internet equities
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