SHANGHAI (Reuters) – Xiaomi Corp posted on Wednesday revenue of 59.5 billion yuan ($8.61 billion) for the quarter ending in March, down 18.9% and line with analyst expectations.
Net income reached 3.23 billion yuan, up 13.1%, and above expectations.
($1 = 6.9121 Chinese yuan renminbi)
(Reporting by Josh Horwitz, Editing by Louise Heavens)
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