Xiaomi ‘in no rush’ to turn vast AI spending into profits despite earnings slump
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Source: South China Morning Post
Published: 2026-08-18 22:21 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, Technology & AI, China, Financial Markets, Tax & Budget, Business & Economy, Asia Pacific, Technology
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Snippet:
The Chinese tech firm has seen its net profits decline for three consecutive quarters, as it rapidly ramps up AI-related R&D spending
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