Xiaomi responded that 4.8 billion yuan was confiscated by India: the company insists on legal and compliant operations

Xiaomi responded that 4.8 billion yuan was confiscated by India: the company insists on legal and compliant operations

On June 14th, Tech Planet reported that according to Daily Economic News, the Indian Law Enforcement Agency (ED) has issued a document stating that it has officially issued a notice to Xiaomi India, relevant executives of the company, and three banks, stating its illegal remittance of 55.51 billion rupees (approximately 4...