{"id":846933,"date":"2024-08-22T11:05:21","date_gmt":"2024-08-22T05:35:21","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=846933"},"modified":"2024-08-22T11:05:21","modified_gmt":"2024-08-22T05:35:21","slug":"xiaomi-q2-revenue-beats-estimate-reveals-auto-unit-sales","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/22\/xiaomi-q2-revenue-beats-estimate-reveals-auto-unit-sales\/","title":{"rendered":"Xiaomi Q2 revenue beats estimate, reveals auto unit sales"},"content":{"rendered":"<p>BEIJING: China&#8217;s Xiaomi Corp on Wednesday reported higher-than-expected revenue for the second quarter, revealing for the first time its auto business unit&#8217;s contribution of 6.2 billion yuan ($869.2 million).<\/p>\n<p>For the three months ending in June, Xiaomi&#8217;s revenue rose 32% to 88.9 billion yuan, beating the 85.8 billion yuan estimated by analysts, according to LSEG.<\/p>\n<p>The company first announced its entry into the EV business in 2021 as a diversification from its core smartphone operations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING: China&#8217;s Xiaomi Corp on Wednesday reported higher-than-expected revenue for the second quarter, revealing for the first time its auto business unit&#8217;s contribution of 6.2 billion yuan ($869.2 million). For the three months ending in June, Xiaomi&#8217;s revenue rose 32% to 88.9 billion yuan, beating the 85.8 billion yuan estimated by analysts, according to LSEG. The company first announced its entry into the EV business in 2021 as a diversification from its core smartphone operations.<\/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":[59,4,10],"tags":[],"class_list":["post-846933","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/846933","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=846933"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/846933\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=846933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=846933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=846933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}