The Xiaomi 12S Ultra retails for $890, but it only costs $516 to make

Xiaomi recently launched the premium 12S Ultra smartphone in China, and a new analysis suggests it costs well under $550 to make.

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Alvin on X: So it seems like according to some people, including those who complained, companies aren't allowed to earn profits and companies also shouldn't pay for marketing, R&D, labour/employees costs. /

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