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  "path": "/260526/p6#a260526p6",
  "publishedAt": "2026-05-26T10:10:03.000Z",
  "site": "https://www.techmeme.com",
  "tags": [
    "Bloomberg",
    "Xiaomi reports Q1 revenue down 11% YoY to ~$14.6B, its first quarterly decline in three years, and net income down 57% to $695M amid a global memory price jump"
  ],
  "textContent": "Bloomberg:\n**Xiaomi reports Q1 revenue down 11% YoY to ~$14.6B, its first quarterly decline in three years, and net income down 57% to $695M amid a global memory price jump** — Xiaomi Corp.'s quarterly profit tanked more than anticipated after sharp increases in memory prices exacted a heavy toll on the Chinese firm's smartphone business.",
  "title": "Xiaomi reports Q1 revenue down 11% YoY to ~$14.6B, its first quarterly decline in three years, and net income down 57% to $695M amid a global memory price jump (Bloomberg)"
}