, Columnist
Hey Xiaomi, Maybe Your Future Really Is in Smartphones
The internet services dream isn’t showing much potential.
Embrace your destiny.
Photographer: Anthony Kwan/Bloomberg
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For a smartphone company trying really, really hard not to be one, Xiaomi Corp. might actually have a future as, well, a smartphone company.
Late Wednesday, the Chinese technology outfit reported its first set of quarterly earnings since its Hong Kong IPO and the numbers were all over the place.