Phone maker Xiaomi's profit surges as Huawei retreats
https://www.reuters.com/article/us-xiaomi-results/phone-maker-xiaomis-profit-surges-as-huawei-retreats-idUSKBN2BG1B2
Chinese smartphone maker Xiaomi Corp on Wednesday reported a 36.7% rise in fourth-quarter net profit, as Android rival Huawei steadily retreats from the global market due to U.S.-led sanctions.