With No Chips to Play Against U.S. Sanctions, SMIC’s Margins Tumble
China’s leading semiconductor firm reported disappointing fourth-quarter results and warned its revenue will fall this year as it suffers under the weight of U.S. sanctionsKey Takeaways:SMIC reported sequential revenue and…
Xiaomi Faces Bleak Year Ahead as 2022 Ends on a Dismal Note
The former smartphone highflyer’s shipments plunged 26% in the fourth quarter, as its 3-year-old campaign to go upmarket showed limited progressKey Takeaways:Xiaomi’s smartphone shipments dropped 26% to 33.2 million units…
Facing Double Whammy in India, Will Xiaomi Look Home for Comfort?
Smartphone maker could face major difficulties in the important Indian market after $725 million worth of its assets were reportedly frozen due to a tax dispute Key Takeaways: Xiaomi has…
