CLSA - * Xiaomi - BUY (Stellar smartphone sales again) Xiaomi likely delivered solid 2Q21 results with total revenue up 57% YoY to Rmb83.9bn and adjusted net profit up 69% YoY to Rmb5.7bn. We estimate its global smartphone shipments to continue to grow a strong 87% YoY/7% QoQ to 53m, of which China shipments will […]

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