Monday, August 8, 2022

Government Said to Seek Ouster of Chinese Firms From Affordable Smartphone Market

The government is said to be seeking to restrict the sale of smartphones from companies including Xiaomi in the country. Brands like Oppo, Vivo, and Xiaomi are facing tax demands and money laundering allegations, after a close scrutiny of their finances, while companies like WeChat, TikTok and PUBG Mobile have been banned in the country over security concerns. The mov...

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The government is said to be seeking to restrict the sale of smartphones from companies including Xiaomi in the country. Brands like Oppo, Vivo, and Xiaomi are facing tax demands and money laundering allegations, after a close scrutiny of their finances, while companies like WeChat, TikTok and PUBG Mobile have been banned in the country over security concerns. The mov...

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