China Xiaomi's Second-Quarter Revenue Soars 68 Percent, Driven by Smartphones, Internet Devices

China Xiaomi’s Second-Quarter Revenue Soars 68 Percent, Driven by Smartphones, Internet Devices

Chinese smartphone maker Xiaomi Inc reported its second-quarter revenue surged 68.3 percent, as strong smartphone sales complemented a jump in revenue at its smaller, but fast-growing connected devices business.

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