The Biden Administration has said the U.S. is in competition with China and restricted the ability of American businesses to sell high-end chip tech to China. Bloomberg | Bloomberg | Getty Images BEIJ...
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Xiaomi, World’s No. 3 Smartphone Brand, Says 2nd Qtr Profit Plunged By 83% Amid Economic Headwinds
A pedestrian in front of a Xiaomi Corp. store in Shanghai in 2021. Photographer: Qilai … [+] Shen/Bloomberg © 2021 Bloomberg Finance LP Net profit at Beijing-headquartered Xiaomi, the world’s No...