The competent authority appointed under Section 37A of the Foreign Exchange Management Act (FEMA) on September 30th confirmed the seizure order of Rs 5,551.27 crore passed against Chinese phone maker Xiaomi India Private Limited by the Enforcement Directorate (ED), an ED official said. Get more Technology News and Business News on Zee Business.
Xiaomi is set to launch the CIVI 2 smartphone in the Chinese-market today and is expected to be the women centric handset. We expect the device to run on Android 12, layered with the latest MIUI, and will be backed by 12GB RAM and 256GB storage space, powered by a Snapdragon chipset.
It’s almost a given that when Apple does something, at least some Android manufacturers will follow suit and try to imitate it. We just didn’t expect it to happen this quickly. Just two weeks after the iPhone 14 Pro debuted, we already have Android phones imitating its looks.