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Over $700M in Xiaomi Funds Unblocked by Indian Authorities
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Over $700M in Xiaomi Funds Unblocked by Indian Authorities

Aug 22, 2022
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Over $700M in Xiaomi Funds Unblocked by Indian Authorities
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Over $700M in Xiaomi Funds Unblocked by Indian Authorities
(Source: Xinhua)

On August 19, Beijing-based Xiaomi announced its Q2 and H1 results for this year. In an earnings call, Xiaomi Group President Wang Xiang responded to the Indian tax investigation fiasco. He said that more than $700 million of funds were released, and that the company was actively communicating with the Indian authorities in a frank manne…

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