Over $700M in Xiaomi Funds Unblocked by Indian Authorities
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…
Keep reading with a 7-day free trial
Subscribe to Pandaily to keep reading this post and get 7 days of free access to the full post archives.