China smartphone market perks up as sales of new Xiaomi model off to roaring start
By Yelin Mo and Brenda Goh BEIJING (Reuters) – Xiaomi’s sales of more than 1 million units of its latest flagship smartphone in the week …
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Exclusive-China’s Xiaomi wins state planner nod to make EVs amid glut in autos
By Julie Zhu HONG KONG (Reuters) – Xiaomi Corp has won the approval of China’s state planner to manufacture electric vehicles (EVs), said two people …
Xiaomi demands payout from supplier after car designs leaked
SHANGHAI (Reuters) – China’s Xiaomi <1810.HK) said on Thursday it had imposed a 1 million yuan ($149,000) penalty on a supplier after it leaked early …
China’s Xiaomi says will protect business interests after assets frozen in India
MUMBAI (Reuters) – Chinese smartphone maker Xiaomi Corp on Sunday said it was “disappointed” with an Indian order that froze $682 million of its assets …
China’s Xiaomi produces first smartphones in Vietnam
HANOI – China’s Xiaomi Corp has produced its first batch of smartphones in Vietnam, the company said on Thursday, as it seeks to expand its …
Exclusive-India tax authority froze $478 million of Xiaomi funds in February-sources, document
By Aditya Kalra and Munsif Vengattil NEW DELHI – Indian tax officials froze $478 million worth of deposits lying in local bank accounts of China’s …
India seizes $725 million of Xiaomi assets over illegal remittances
By Aditya Kalra NEW DELHI -India said on Saturday it had seized $725 million from the local bank accounts of China’s Xiaomi Corp after a …