Xiaomi's Q3 financial report reveals 10% drop in revenue

Xiaomi posted its quarterly financial analysis, and the numbers show a significant decline. Revenue for the July-September 2022 period was CNY70.5 billion, just south of $10 billion. Of them, 50.5% came from overseas markets. The revenue is 10% lower compared to last year. Net profit dropped even more - 59% year-on-year to CNY 2.1 billion ($294 million). However, that was partially due to the CNY 829 million ($116 million) investment in the newly set up EV business and other projects that should bear fruit in the future. The company also revealed investments in R&D increased by 25%,...

from GSMArena.com - Latest articles https://bit.ly/3EVCMWt

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Oppo A55s Renders Leaks Online; Shows Hole-Punch Display, Dual Rear Cameras

Oppo A55s renders have surfaced online. Leaked renders give a glimpse of the slim design and rectangular camera module of the upcoming smartphone. The handset is seen in Green and Blue colour options, featuring a hole-punch display and two cameras on the back. from Gadgets 360 https://bit.ly/3ciilUN

Nissan’s electric microcar will come with 20 kWh battery and driver assists, to debut in 2022

via Firstpost Tech Latest News https://bit.ly/3gEkEUF

The first Mandalorian trailer brings a little Mad Max to Star Wars

Image: Lucasfilm The first public trailer for Jon Favreau’s highly anticipated Star Wars series The Mandalorian has arrived, and it looks fantastic. Although a similar trailer was shown at Star Wars Celebration, it was never made available to the public. The trailer opens with helmets on stakes, and ominous shots of people hanging out in the desert. Then it moves into Star Wars action — fighting spaceships, battling droids, and face-to-face confrontations. It certainly feels freakier than a traditional Star Wars movie, but it also feels extremely Star Wars . The Mandalorian is one of the biggest launch titles coming to the new streaming service Disney+ . It’s heavily inspired by fan-favorite character Boba Fett and his father, Jango. The new Mandalorian... Continue reading… from The Verge - All Posts http://bit.ly/324UVel

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