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China tech

China's Xiaomi says chip crunch curbing smartphone shipments

World's No. 3 player to miss internal target by up to 20m units

Xiaomi, the world's No. 3 smartphone maker by shipments, says the global chip shortage is impacting its shipments.   © Reuters

TAIPEI -- China's top smartphone maker Xiaomi on Tuesday night said the ongoing global chip shortage will crimp its shipments this year by up to 20 million units, in the latest signal that the supply crunch is affecting even the world's biggest tech players.

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