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XIAOMI REGULATORY SCRUTINY
Xiaomi’s India growth hit by regulations, sales drop, delaysXiaomi's growth prospects in India are diminishing due to increased regulatory scrutiny and declining market share. The company's revenue c...
OnePlus India audit flags glitches, PF payment lagsAuditors flagged OnePlus Technology India for hosting accounting software on foreign servers, using non-English program codes, delayed empl...
Tata Electronics goes beyond Apple, looks to build for Xiaomi and OppoTata Electronics has held talks with Xiaomi and Oppo to take up contract manufacturing of their smartphones, in a bid to diversify its clie...
Bulls back in China cos’ India shop: Firms from neighbouring country see robust sales growth despite tighter scrutinyChinese companies like Midea, Haier, Xiaomi, Lenovo, and BYD are seeing strong revenue growth in India. Consumers prefer their products bec...
Xiaomi, Vivo, Realme and Oppo in high demand: Indians lapping up Chinese brands despite intense scrutinyChina's Xiaomi was examined by Indian govt agencies over alleged foreign exchange violations in 2022, which coincided with a large proporti...
Outcome of tax disputes holds key to Xiaomi’s opsXiaomi Technology India's ability to continue as a going concern depends on the outcome of multiple regulatory and tax disputes and additio...
Dixon to buy majority stake in Transsion manufacturing unitDixon Technologies, India's top contract manufacturer, plans to acquire a majority stake in Ismartu India, a manufacturing unit of Chinese ...
Vivo, Oppo say bye to Chinese 'agents,' bring in Indian onesVivo is likely to take up the office spaces currently occupied by the agents and convert them into its own state office, executives said. O...
Xiaomi supplier Dixon Tech to open smartphone plant as India pushes localDixon Technologies India Ltd., a supplier for Xiaomi Inc., is set to open a large factory in New Delhi, as India urges Chinese tech firms t...
Tencent, others begin enforcing China's new oversight move on appsThe moves comply with new rules introduced last month as Beijing tightens oversight of mobile apps in the country.
Chinese trade and investment impacted by India's measures since 2020India has deferred the introduction of its licensing requirement for the imports of laptops, personal computers and tablets by three months...
Visa delays for Chinese professionals hit India businessesExpansion projects of homegrown electronics contract manufacturers - including Dixon Technologies' proposed ₹400-crore unit for manufacturi...
Xiaomi's India biz turns around, revenue grows over 9% in FY22Xiaomi turned around its India business in FY22 with the company's turnover growing more than 9% to Rs 39,099 crore, topping the pre-pandem...
Samsung could pip Xiaomi to be biggest smartphone company in IndiaMarket analysts also predict that shipments in 2023 will also get dragged by the macroeconomic issues, which will continue to persist at le...
Xiaomi's $10 billion electric vehicle project said to hit regulatory barrierBillionaire co-founder Lei Jun, who has said EVs will be his final startup endeavor, hopes Xiaomi’s expertise in connected technologies and...
Upstart China smartphone maker cracks notoriously tough IndiaThe move paid off, boosting the four-year-old newcomer’s sales and helping it reach the No. 3 position in the fast-growing market with abou...
Chinese state media slams India's regulatory assault on XiaomiThe Enforcement Directorate (ED) has seized Rs 5,551.27 crore from Xiaomi Technology India Pvt Ltd, initiating action against the company f...
Chinese app stores remove Alibaba's UC browser on Android phones, it's still available for Apple devicesChina has been tightening regulation of its vast internet sector.
Bullish on India opportunity, will protect user data: Fitbit CEO James ParkIn his first ever media interaction in Asia, Fitbit co-founder and CEO James Park told ET that while data of Indians is not stored locally,...
India's investment policy upsets Xiaomi, Oppo's consumer finance plansXiaomi and Oppo, with more than 100 million in combined smartphone users in India, cannot directly lend to consumers without a shadow banki...