Xiaomi Rides Increase in Smartphone Demand to Post 21.4 Percent Rise in Q4 Revenue
"In 2021 we experienced a very complex situation," Xiaomi president Wang Xiang said in an earnings call."Supply is in a very severe or tight position, and there is a geopolitical impact. However, Xiaomi's performance has shown we are a resilient company."Revenue rose to CNY 85.58 billion (roughly Rs. 1,02,341 crore) in the quarter ended December 31, compared with CNY 70.46 billion (roughly Rs. 84,259 crore) in the year earlier period and analyst expectations for CNY 81.80 billion (roughly Rs. 97,826 crore), according to…