Xiaomi warns of deeper margin pressure from rising memory costs as EV business posts record deliveries

Digitimes
Nov 18, 2025, 6:59 pm113 pts
Xiaomi highlighted mounting pressure from sharply rising memory prices even as its electric vehicle business continued its rapid expansion and achieved first-time quarterly profitability. Executives said the company is balancing cost challenges in smartphones with strong performance in EVs and IoT, while…

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