Wednesday 25 April 2018

Xiaomi limits net profit margin goals, pledges to distribute excess to customers

But the Chinese tech company's modus operandi has always been to operate on low margins, so unless the IPO enables Xiaomi to grow to great heights, don't expect much sway here.

The post Xiaomi limits net profit margin goals, pledges to distribute excess to customers appeared first on Pocketnow.



from Pocketnow http://pocketnow.com/2018/04/25/xiaomi-limits-net-profit-margin-pledges-to-distribute-excess-to-customers

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