India seizes $725 million China’s Xiaomi over remittances
WEBApr 30, 2022 · NEW DELHI (AP) — Indian authorities on Saturday seized $725 million from Chinese smartphone company Xiaomi, accusing it of breaking the country’s foreign exchange laws by making illegal remittances abroad, officials said.
Exclusive: India accuses Samsung, Xiaomi of colluding with …
WEB5 days ago · Counterpoint Research data shows that South Korea's Samsung and China's Xiaomi are two of India's biggest smartphone players, together holding an almost 36% market share, with China's Vivo on 19%.
India court rejects Xiaomi's challenge to $676 million asset freeze
WEBApr 21, 2023 · An Indian court has rejected Chinese phonemaker Xiaomi Corp's petition against the seizure of 55.51 billion rupees ($676 million), two sources familiar with the matter told Reuters on Friday.
Exclusive-Xiaomi Says India's Scrutiny of Chinese Firms Unnerves …
WEBFeb 11, 2024 · NEW DELHI (Reuters) -China's Xiaomi has told the Indian government that its heavy scrutiny of Chinese companies has made smartphone component suppliers wary about setting up operations in India,...
Xiaomi is the latest big Chinese company to face the heat in India - CNN
WEBMay 2, 2022 · Xiaomi is the latest big Chinese company to face the heat in India. Link Copied! India has seized more than $700 million from one of China’s biggest tech companies after accusing it of moving...
2023 is the year for a reset, says Xiaomi India president ...
WEBXiaomi India president Muralikrishnan B believes a streamlined phone portfolio, affordable 5G devices and localised manufacturing, will show results in 2024 and beyond
Qualcomm for India Live updates: Snapdragon 4s Gen 2 to power Xiaomi …
WEBJul 30, 2024 · At the Qualcomm Snapdragon For India event, Qualcomm unveiled the Snapdragon 4s Gen 2 System on Chip (SoC) that will power Xiaomi budget smartphones. The new Snapdragon Ride autonomous...
Explained: What is the ED case against Xiaomi India?
WEBMay 3, 2022 · The Enforcement Directorate (ED) has seized assets to the tune of over Rs 5,551 crore belonging to Chinese mobile phone manufacturer Xiaomi Technology India Private Limited last week for alleged violations of foreign exchange regulations.
India issues official warning to Xiaomi, may seize RMB 4.8 billion
WEBJun 14, 2023 · India issues official warning to Xiaomi, may seize RMB 4.8 billion. India’s Directorate of Enforcement (ED) has formally notified mobile phone maker Xiaomi Technologies India Private Limited, Xiaomi India, and some of its executives, as well as three banks including Citi, regarding the alleged violation of …
Xiaomi, Vivo, Oppo: India and China political tensions are hitting …
WEBJul 19, 2022 · Indians love Chinese smartphones, but for the last two months, New Delhi has intensified the scrutiny of three top Chinese firms — Xiaomi, Vivo and Oppo.