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Wednesday, November 23, 2022

Xiaomi India a drag on parent Q3 results

“As we are launching into Diwali, the gross margin in India in the third quarter tends to be much lower than the second quarter,” said Alain Lam, vice-president and chief financial officer, Xiaomi Corp during its third quarter earnings call.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/noyWhNS

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