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Zepp Health posts a ~40% drop in revenue for the second quarter of 2022

Started by Redaktion, August 27, 2022, 17:48:03

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Redaktion

Zepp Health is the fitness-tech ODM responsible for the popular Amazfit brand, and that also makes fitness trackers for Xiaomi. The company has reported that its second-quarter 2022 (2Q2022) revenues increased by 46.4% compared to 1Q2022 - however, they also shrank by 39.6% compared to 2Q2021. This decline was linked to a disruption in its normal product cycle due to the chip shortage, as well as prevailing socio-political upheaval.

https://www.notebookcheck.net/Zepp-Health-posts-a-40-drop-in-revenue-for-the-second-quarter-of-2022.643454.0.html

Steve_Halt

So a cheap Chinese Apple Watch copy didn't sell well coming out of a war-supporting country... Hmmmmm I wonder why.

mbk

Quote from: Steve_Halt on August 29, 2022, 10:47:22So a cheap Chinese Apple Watch copy didn't sell well coming out of a war-supporting country... Hmmmmm I wonder why.
Fack Chinese!

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