product

Unlike Apple or Nvidia, which in theory can iterate their products indefinitely, drugmakers face a regulatory law of physics: Every blockbuster eventually goes off patent.

Xiaomi attributed the increase to higher revenue from certain lifestyle products and wearables in the global market, despite lower revenue from smart large home appliances in the Chinese mainland market.

In mathematical terms, though, it’s impossible: A 1,500% reduction would mean reducing a $100 drug bill to negative $1,400, meaning that the drug company would be paying you to use its product.

Along with plans to expand further outside the U.S., the company said it will use its latest round of funding to invest in product innovation and category expansion.

The analysts said a surge in the price of memory drives—a component in Dell products such as PCs and servers—will weigh on the company’s margins.