{"id":1010142,"date":"2026-05-27T08:44:43","date_gmt":"2026-05-27T03:14:43","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1010142"},"modified":"2026-05-27T08:50:01","modified_gmt":"2026-05-27T03:20:01","slug":"chinas-xiaomi-q1-profit-sinks-43-on-higher-memory-chip-costs","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/27\/chinas-xiaomi-q1-profit-sinks-43-on-higher-memory-chip-costs\/","title":{"rendered":"China&#8217;s Xiaomi Q1 profit sinks 43% on higher memory chip costs"},"content":{"rendered":"<p>China&#8217;s Xiaomi Corp posted a 43% slump in first-quarter net profit on Tuesday, as its smartphone business was pressured by high memory chip costs. <\/p>\n<p>The Chinese smartphone and electric-vehicle maker reported 6.1 billion 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>China&#8217;s Xiaomi Corp posted a 43% slump in first-quarter net profit on Tuesday, as its smartphone business was pressured by high memory chip costs. The Chinese smartphone and electric-vehicle maker reported 6.1 billion 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-1010142","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\/1010142","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=1010142"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010142\/revisions"}],"predecessor-version":[{"id":1010165,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010142\/revisions\/1010165"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1010142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1010142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1010142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}