The Latest Breaking News from Xiaomi

Xiaomi Corp (OTC:XIACY) (OTC:XIACF) shares lost steam in Hong Kong after India’s Enforcement Directorate alleged the second-largest smartphone vendor of “illegal remittances” and seized ~$730 million, the Financial Times reports. India’s anti-money laundering and foreign exchange crime division alleged Xiaomi’s Indian subsidiary of sending $55.51 billion ($725 million) of foreign currency payments…

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

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

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

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

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…

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

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…

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…