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Exclusive-Xiaomi says India s scrutiny of Chinese firms unnerves suppliers By Reuters

Exclusive-Xiaomi says India s scrutiny of Chinese firms unnerves suppliers By Reuters
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Smartphone Offers: Ahead of festive season, phone cos stitch up compelling offers, ET Telecom

Smartphone Offers: "We have already kicked off the festive season with the Independence Day sale and this will continue with Dussehra, Durga Puja, Diwali, and other regional celebrations. With all of this coinciding with the crickWorld Cup in India during October and November, we anticipate that the prevailing positive sentiment will lead to a substantial increase in overall sales, and we are expecting our H2 performance to be significantly stronger compared to H1," said Muralikrishnan B, president, Xiaomi India.

Xiaomi India President says not firing any employee this year; focusing on profitability, ET Retail

Xiaomi: The top executive said the company doesn’t feel bad over losing the top position. In 2023, the Chinese handset maker has taken a conscious call to prioritise “sustainability and profitability” over the volume game, he said, adding that it might not become the number one player again during this calendar year.

Xiaomi becomes the latest tech firm to move some manufacturing from China to India

Xiaomi will start locally producing audio products that it sells in India. To achieve this is will be partnering with Optiemus which has a manufacturing facility in Uttar Pradesh in northern India.

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