
Xiaomi at the Mi 6X launch event in China has also made a separate announcement where it promised that the overall net profit margin will never exceed 5%. This also includes smartphones, IoT and lifestyle products. It also said that If the margin crosses 5%, then the company will find a way to return the excess above 5% to its users. Continue reading “Xiaomi promises its hardware business model and overall net profit margin will never exceed 5%”













