Yin and Yang are strange! Xiaomi is very injured this time, and India's assets have been frozen and will also be tarnished
A while ago, there was a sensation in the digital industry that Xiaomi India Company was accused of violating local so-called foreign exchange management regulations and being frozen with over 4.8 billion yuan of funds
A while ago, there was a sensation in the digital industry that Xiaomi India Company was accused of violating local so-called foreign exchange management regulations and being frozen with over 4.8 billion yuan of funds. It is said that this fund is the highest penalty issued by Xiaomi after entering the Indian market, and the amount has exceeded the fine of foreign enterprises operating in India. This is really not a small incident.
How does Xiaomi India respond? Xiaomi replied as follows: "Adhere to legal and compliant operations globally." Turning around, Xiaomi proposed a layoff plan, reducing the number of employees from 1500 to 1000, and directly laying off 500. It is said that layoffs will continue in the coming months, kicking out most employees of Indian companies.
Of course, Xiaomi India's response is still a legal and compliant layoff, and it still states that it is a legal and compliant operation. In fact, everyone can also see that this is clearly dissatisfaction with unreasonable fines. This is a counterattack, and there is no reason to take this tone.
Most people can see that Xiaomi was punished, and Xiaomi laid off employees to counter it. Some netizens, however, did not understand and even brought Xiaomi's rhythm, saying that Xiaomi deserved the punishment and should have done so. A blogger with a relatively neutral attitude also stated, "Defamating Xiaomi for tax avoidance is the same trick as slandering Huawei and doing business in Iran back then, both foolish and bad
It is obvious that this matter is an attempt to add guilt, without hesitation, to find a flimsy reason for wanting to impose a fine. Seriously, we really don't need to complain about our domestic brands in a weird way. To make our domestic brands bigger and stronger is to lead the rise of domestic products.
It is obvious that this wave of smearing is unfounded accusations, and the victim's retaliation has instead been scolded, which is also a long time to see. To be honest, Xiaomi is still lowering the price in the mobile phone industry, aiming to maximize the cost-effectiveness of its products. If it weren't for this, the price of our phones would still be very expensive.
To be honest, the money on India's account is temporarily frozen and has not yet reached the final stage. Moreover, Xiaomi insists on appealing, and the final result will depend on the final announcement.
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