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ED says Vivo-India illegally transferred Rs.62,476 crore to China to avoid paying taxes in India

ED files first charge sheet against Chinese smartphone maker Vivo-India and its linked firms

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Vivo-India, others charged by ED for money laundering & gaining wrongful profits The Enforcement Directorate (ED) filed its first charge sheet in connection with its...
The financial watchdog is reportedly investigating violations of the Prevention of Money Laundering Act

ED raids Chinese smartphone maker and ex-IPL cricket sponsor Vivo & its linked firms

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After Xiaomi, Vivo comes under the ED’s scanner The Enforcement Directorate (ED) on Tuesday conducted a massive raid at more than 44 places across the...
Realme announces appointment of Indian cricketer K L Rahul as its brand ambassador to endorse its smartphone category

Chinese smartphone manufacturer Realme announces Indian cricketer K L Rahul as its brand ambassador

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K L Rahul to be brand ambassador for Realme's smartphone category Indian cricketer K L Rahul has been appointed as the brand ambassador by the...
Xiaomi maintained its lead in India’s third quarter (Q3) this year, shipping 11.2 Million units for a 24% share

Chinese brand Xiaomi top smartphone brand in India market for 16 consecutive quarters

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Xiaomi continues to top Indian smartphone market Chinese smartphone brand Xiaomi successfully maintained its no.1 rank in smartphone shipments in India for 16 consecutive quarters,...
The ED arrested the MD of Lava International, a Chinese national, a Chartered Accountant and another person as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo

ED arrests four persons in money laundering case against Chinese phone maker Vivo

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ED arrests Lava International MD, Chinese national, and two others in Vivo PMLA case The Enforcement Directorate (ED) on Tuesday arrested four persons including the...
The Minister was replying to a question on the number of Chinese handset companies which have evaded taxes and made illegal remittances in India

Chinese mobile companies evade Rs.9,000 crore in tax in India, Rs.1,629 crore recovered

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Chinese mobile companies like Oppo, Vivo, Xiaomi found evading tax worth Rs.9,000 crore in India Chinese smartphone makers, including Oppo Mobile, Vivo India, and Xiaomi...
Demand for refurbished smartphones continuing to grow across most geographies

India leads global refurbished smartphone market with a 19% growth

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Second-hand smartphone market: India leads, iPhones most in-demand With 19 percent year-on-year growth in 2022, India led the global refurbished smartphone market while Apple captured...
ED had seized the amount from the company's account and this was upheld by the Competent Authority. Xiaomi had challenged the Competent Authority's order in the HC

Karnataka High Court rejects Chinese firm Xiaomi’s plea challenging ED

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Karnataka HC upholds seizure of Rs.5,551.27 cr from Xiaomi for FEMA violation In a major blow to Xiaomi India, Karnataka High Court has rejected the...
Indian government is planning new rules to fight pre-installed apps

India to crack down on pre-installed apps under new smartphone security rules

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Can't remove your pre-installed apps? India is taking action Smartphone brands in India may soon be forced to provide an option to let users delete...
In the first 11 months of 2022, sales were down 23.6 percent compared to the same period in the previous year

China faces supply chain disruptions, weak consumer demand amid Covid surge; smartphone industry set...

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'Tough situation' for smartphones, not expected to recover till 2024, IDC analyst says Facing supply chain disruptions and weak consumer demand amid the Covid surge,...
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