The National Corruption Prevention Agency (NAPC) has listed Xiaomi Corporation as an international sponsor of the war. The reason is that the Chinese company, after the full-scale invasion of the terrorist country of Russia, continued to sell its equipment in Russia.
.in_text_content_22 { width: 300px; height: 600px; } @media(min-width: 600px) { .in_text_content_22 { width: 580px; height: 400px; } }
While the Russians were bombing peaceful Ukrainian cities, Xiaomi managed to increase deliveries to the Russian Federation by 39% in the third quarter of 2022 compared to the previous one, the NAPC said.
Xiaomi has become the leader in smartphone sales, doubling its market share in Russia.
The Russian market is extremely important for this Chinese company, so Xiaomi is actively restoring recruitment to its Russian offices and has announced the official start of sales of flagship smartphones.
Xiaomi Corporation is sponsoring the military aggression of a terrorist state and will suffer both reputational and legal consequences of its actions, the NAPC said.
The agency had previously listed 21 companies as international sponsors of the war. All listed companies are listed in the World-Check database, which maintains a record of high-risk individuals and entities and is used worldwide to identify and manage financial, regulatory and reputational risks.
Source: Racurs
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.