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The Latest Breaking News from Xiaomi

Enforcement Directorate seizes ₹5,551 crore deposits of smartphone giant Xiaomi Technology India under FEMA

Amount was sent to three foreign–based entities in the guise of royalties, says agency

Best budget smartphones that don’t miss out on functionality

Best budget smartphones that don’t miss out on functionality

Sub-£400 phones with all the bells and whistles you need

Evening Standard

Xiaomi 12 Pro review: ultra-fast-charging Android phone

Xiaomi 12 Pro review: ultra-fast-charging Android phone

Great screen, top performance, good camera and fully charges in 20 minutes – but it’s no match for Samsung

The Guardian - UK

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BRICS meet likely in June, India to attend China-hosted event

Delhi’s confirmation comes weeks after visit of Chinese Foreign Minister Wang Yi

Xiaomi global VP Manu Jain appears before ED in FEMA case

NEW DELHI/BENGALURU: Manu Kumar Jain, the global vice-president of Chinese mobile manufacturing company Xiaomi, on Wednesday appeared before the Enforcement Directorate in connection with alleged contravention of the foreign exchange law, officials said.

The Times of India

ED summons former India head of Xiaomi Manu Kumar Jain in FEMA case

The inquiry under the Foreign Exchange Management Act pertains to foreign remittances of about ₹1,000 crore.

'ED summons former Xiaomi head in investigation'

NEW DELHI: The Enforcement Directorate (ED) has summoned Manu Kumar Jain, a former head of Xiaomi Corp's India operations, in connection with a probe into the company's compliance with foreign exchange laws, the news agency Reuters reported on Tuesday quoting two sources.

The Times of India

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Here's Why Apple Could Shine Amid China's Covid Resurgence

Here's Why Apple Could Shine Amid China's Covid Resurgence

China's recent surge in Covid cases jeopardizes the leading smartphone market, while Apple Inc (NASDAQ: AAPL) could still shine, analysts told CNBC. China reported over 20,000 Covid infections leading to a countrywide lockdown hindering logistics and consumer spending. China tried to keep the factories running to reduce disruption. Also Read: Apple iPhones Led Smartphone Sales As 5G…

CSRC Denies Rumors of Restrictions on IPOs by Xiaomi-Linked Companies

CSRC Denies Rumors of Restrictions on IPOs by Xiaomi-Linked Companies

In response to social media reports, top securities regulator says it isn’t standing in the way of share sales by businesses where the smartphone giant has investments

Chinese Watchdog Denies Regulatory Probe On Companies Related To Xiaomi

Chinese Watchdog Denies Regulatory Probe On Companies Related To Xiaomi

China's securities watchdog denied rumors of a regulatory probe on companies in Xiaomi Corp's (OTC:XIACY) industrial chain or restrictions on their listing plans, Reuters reports. The China Securities Regulatory Commission looked to continue to inspect initial public offering plans according to relevant rules and regulations. Also Read: Here's How Alibaba's Buyback Boost Could Win…

Best smart scales

Best smart scales

As personal health exploration grows, smart scales are becoming an essential. Stuart Pritchard weighs in on which to put your feet on and your faith in…

Evening Standard

Why Alibaba, Tesla Rivals Nio, Xpeng Are Spiking Again In Hong Kong Today

Why Alibaba, Tesla Rivals Nio, Xpeng Are Spiking Again In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably higher in Hong Kong on Wednesday following upbeat quarterly earnings results from companies such as smartphone maker Xiaomi Corp. and biotechnology company WuXi Biologics.

Zepp Health Trails Q4 Consensus Due To Lower Mi Band Shipments; Declares Special Cash Dividend

Zepp Health Trails Q4 Consensus Due To Lower Mi Band Shipments; Declares Special Cash Dividend

Zepp Health Corp (NYSE:ZEPP) reported a fourth-quarter FY21 revenue decline of 15.8% year-on-year to $260.8 million, missing the consensus of $294.2 million. The decrease in Mi band shipments mostly drove the reduction. COVID-19 and the semiconductor crisis during the holiday season affected the self-brand product sales. Margin: The gross margin expanded 30 bps to…

Xiaomi 11i Hypercharge Review: A one-trick pony, but it’s one hell of a trick

Xiaomi 11i Hypercharge Review: A one-trick pony, but it’s one hell of a trick

Xiaomi is a company that aims to be all things to all people. Its array of non-phone ventures apart, even within the smartphone market, it offers models from as low as Rs 7,499 to as expensive as Rs 79,999.

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