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News 2026-10-01 07:39 UTC

Xiaomi Smartphone Revenue May Decline 10% This Year: HSBC

Xiaomi's smartphone revenue is projected to decrease by 10% in 2026, according to HSBC Global Research analysts. This forecast is based on an anticipated 27% drop in sales volume, partially offset by a 24% increase in average selling prices, with the impact weighted towards the fourth quarter.