| Xiaomi India: Facing the Largest Government Seizure |
| 作者姓名：Lucas Liang Wang, Ruiqi Huang, Chenying Liu, Shiyi Liu, Yujia Sun, Mengyao Wang, Shitong Zhou |
| 商品類型：Case (Pub Mat) | 商品編號：W37456 |
| 出版日期：2024/12/11 | 內容長度：10 頁 |
Xiaomi India, the subsidiary of Xiaomi Group (Xiaomi)—a world-leading electronics giant from China—had grown explosively since entering the country in 2014. However, in April 2022, the Indian Enforcement Directorate accused it of illegal remittance of profits out of the country and, in response, seized a fund of US$669.95 million in the company’s account. This seizure was record-breaking in Indian history, equivalent to nearly half the annual worldwide .....more
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