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ZEPP - Zepp Health Boosts R&D To Minimize Reliance On Xiaomi Remains A Good Bet
Zepp Health Corporation American Depositary Shares
Zepp Health's revenues increased rapidly over the last four years, but most of its income is generated from Xiaomi-branded products.
The company continues to excel in wearable devices and healthcare, showing a strong growth momentum. To improve its competitiveness, the firm is trying to be less dependent on Xiaomi.
Inversely, the firm still faces pressure from shareholders, tilted revenue structure and small market share.