Chinese smartphone maker Xiaomi grabs market share from Huawei
Xiaomi says Shou Zi Chew, an executive director, has resigned to join ByteDance
24 March 2021 - 22:21
Shanghai — Chinese smartphone maker Xiaomi on Wednesday reported a 36.7% rise in fourth-quarter net profit, as Android rival Huawei steadily retreats from the global market due to US-led sanctions.
Adjusted net profit for the quarter ending December 31 rose to 3.2-billion yuan ($491m), beating analysts' expectations of 2.9-billion yuan...
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