Xiaomi saw nearly 60% profit drop amid memory cost 'super cycle'

Jingyue Hsiao

, DIGITIMES Asia, Taipei

May 27, 2026, 10:22 0

Credit: AFP

On May 26, Xiaomi Corporation reported first-quarter 2026 revenue of CNY99.1 billion (approx. US$14.6 billion) as it confronts a "super cycle" of rising memory costs. Management characterized the surge as a "new normal," opting to manage the impact through...

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