- Xiaomi's smartphone business segment might struggle to perform in 2022 taking into account stiff competition in China and weak consumer demand.
- The company's R&D expenses could rise sharply this year, with the increase in staff strength for its new electric vehicle business venture.
- Xiaomi disclosed a new $10 billion share buyback plan in late-March 2022, which is timely as the company's shares have now corrected by -59% from its 52-week high.
- I continue to assign a Hold investment rating to Xiaomi; the company's 2022 outlook isn't great, but its current valuations are reasonably fair.
For further details see:
Xiaomi: Focus On 2022 Outlook And Share Repurchases