Xiaomi Imposed CNY 1 Million Fine on Supplier for Leaking Car Design Drafts

Xiaomi Imposed CNY 1 Million Fine on Supplier for Leaking Car Design Drafts

China’s Xiaomi said on Thursday it had imposed a CNY 1 million (roughly Rs. 1 crore) penalty on a supplier after it leaked early design drafts of an upcoming car model. On its official Weibo page, a spokesperson wrote Xiaomi had “dealt seriously” with a Beijing-based moulding technology company which on January 22 publicly revealed … Read more