{"id":1010111,"date":"2026-05-27T08:24:25","date_gmt":"2026-05-27T02:54:25","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1010111"},"modified":"2026-05-27T08:34:16","modified_gmt":"2026-05-27T03:04:16","slug":"chinas-xiaomi-eyes-overseas-growth-as-costs-domestic-competition-weigh","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/27\/chinas-xiaomi-eyes-overseas-growth-as-costs-domestic-competition-weigh\/","title":{"rendered":"China&#8217;s Xiaomi eyes overseas growth as costs, domestic competition weigh"},"content":{"rendered":"<p>BEIJING: China&#8217;s Xiaomi Corp posted a 43% slump in first-quarter net profit on Tuesday and said it would push deeper into overseas markets as higher memory and other component costs and domestic competition squeezed its smartphone business. <\/p>\n<p>The Chinese \u200csmartphone and electric-vehicle \u2060maker reported 6.1 \u2060billion yuan ($899 million) adjusted net profit for the January-March period. <\/p>\n<p>That compared with the average analyst estimate of 6.4 billion yuan, according to LSEG data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING: China&#8217;s Xiaomi Corp posted a 43% slump in first-quarter net profit on Tuesday and said it would push deeper into overseas markets as higher memory and other component costs and domestic competition squeezed its smartphone business. The Chinese \u200csmartphone and electric-vehicle \u2060maker reported 6.1 \u2060billion yuan ($899 million) adjusted net profit for the January-March period. That compared with the average analyst estimate of 6.4 billion yuan, according to LSEG data.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-1010111","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1010111"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010111\/revisions"}],"predecessor-version":[{"id":1010128,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010111\/revisions\/1010128"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1010111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1010111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1010111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}