Karnataka HC declines relief to Xiaomi, company says India operations ‘effectively halted’

[ad_1] An Indian court on Thursday declined to lift a freeze on Xiaomi Corp’s $676 million worth of assets, even as the Chinese smartphone group said this enforcement action had “effectively halted” its operations in its key Indian market. India’s federal financial crime agency, the Enforcement Directorate, froze 55.51 billion rupees of Xiaomi assets in […]

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China’s Xiaomi produces first smartphones in Vietnam

[ad_1] China’s Xiaomi Corp has produced its first batch of smartphones in Vietnam, the company said on Thursday, as it seeks to expand its foothold in Southeast Asia. The devices were produced at a factory in the province of Thai Nguyen, north of the capital Hanoi, the company said in an emailed statement. The plant […]

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Xiaomi 12S series to launch on July 4, to feature Leica-branded cameras

[ad_1] A new flagship phone series by Xiaomi that succeeds the Xiaomi 12-series has been in the rumour-mill for a while now. However, Xiaomi has now officially confirmed that its next-gen flagship series will be the Xiaomi 12S phones which will launch on July 4 in China. The Xiaomi 12S series is set to comprise […]

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Xiaomi Smart Home Days sale 2022: Check offers on Smart Home, IoT products

[ad_1] Xiaomi is hosting the Xiaomi Smart Home Days sale across Mi.com, Mi Home, Amazon and Flipkart, along with all its offline partners. The sale will begin on June 8 and will go on till June 10 this year. During the sale, Xiaomi will be offering deals and discounts on multiple Smart Home and IoT […]

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Xiaomi Band 7 to launch alongside Redmi Note 11T series on May 24

[ad_1] Xiaomi is launching a number of products next week including the new Redmi Note 11T series on May 24. The brand has now confirmed that it will also be launching a new fitness-oriented wearable at the event, which is none other than the Xiaomi Band 7. Well, it would have been Mi Band 7, […]

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Xiaomi accuses Indian agency of ‘physical violence’ threats during probe

[ad_1] Chinese smartphone maker Xiaomi Corp has alleged its top executives faced threats of “physical violence” and coercion during questioning by India’s financial crime fighting agency, according to a court filing seen by Reuters. Officials from the Enforcement Directorate warned the company’s former India managing director, Manu Kumar Jain, current Chief Financial Officer Sameer B.S. […]

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