Recent #XGIMI Technology news in the semiconductor industry

9 months ago
➀ XGIMI Technology reported a 1.66% decline in revenue and a 95.58% drop in net profit for the first half of 2024. ➁ The company attributed the profit decline to inventory clearance of older products and weak domestic demand. ➂ XGIMI is adjusting its product strategy to include lower and higher price ranges to adapt to market trends. ➃ The domestic projector market is experiencing a price war due to increased competition and technological advancements, leading to lower average prices. ➄ XGIMI is expanding its overseas presence to mitigate domestic market challenges, with significant growth in international revenue.
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