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Benzinga
Benzinga
Business
The Bamboo Works

Facing Double Whammy in India, Will Xiaomi Look Home for Comfort?

Key Takeaways:

  • Xiaomi has been accused of tax evasion in India, though the company claims its activities complied with local laws
  • Ban of company’s local apps is dealing a second blow to Xiaomi in India, leading some to predict it could switch its focus back to its home Chinese market
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