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Xiaomi India's RMB4.8 billion funds ($658 million) were only frozen by the Indian government, not confiscated, and it is still working to resolve the issue through legal channels, said Xiaomi president Lu Weibing in an earnings call on August 29.
China's mobile phone giant Xiaomi will focus on boosting its India sales from retail outlets after years of big bets on e-commerce, reported Reuters on July 16.
Xiaomi is seeking to reassure that it plays by the rules after the Indian government confiscated $725 million
Indian contract manufacturer Dixon Technologies is partnering with China's Xiaomi Corp's Indian arm to make and export phones for the Chinese firm, reported Reuters.
Xiaomi is to collaborate with India's Optiemus Electronics to manufacture high-quality wireless audio products in the country.
Xiaomi India, previously heavily reliant on online channels, is ramping up its efforts to expand into brick and mortar stores to win back its falling market shares.
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