Xiaomi reports Q4 revenue down 22.8% YoY to ~$9.6B and net income down 67.3% to ~$213M; 2022 revenue fell 14.7% to ~$40.7B and net income fell 61.4% to ~$1.23B (Reuters)

Reuters:
Xiaomi reports Q4 revenue down 22.8% YoY to ~$9.6B and net income down 67.3% to ~$213M; 2022 revenue fell 14.7% to ~$40.7B and net income fell 61.4% to ~$1.23B  —  Chinese smartphone maker Xiaomi Corp (1810.HK) on Friday posted a 22.8% drop in fourth-quarter revenue to 66.05 billion yuan ($9.6 billion).