People walk past Xiaomi, a Chinese manufacturer of consumer electronics, store in Mumbai, India, May 11, 2022. REUTERS/Francis Mascarenhason Sunday said it was "disappointed" with an Indian order that froze $682 million of its assets and would continue to protect its interests.an April order by India's federal financial crime fighting agency, the Enforcement Directorate, to seize 55.
The company said that Xiaomi India is an affiliate and one of the Xiaomi Group companies, which entered into a legal agreement with Qualcomm to license IP for manufacturing smartphones. With an 18% share each, Xiaomi and Samsung together lead the smartphone market in India, the world's second biggest after China, according to data from Counterpoint Research.
PROMOIMPULSE A Place For More Promotion 🎁💳✉️🔊 IMPULSEEDGE
No investment can successfully flee from india😂