SHANGHAI (Reuters) – Fast-growing Chinese tech firm Xiaomi Technology Ltd Co booked 74.3 billion yuan ($11.97 billion) in pre-tax sales last year, up 135 percent from 2013, the firm's chief executive Lei Jun said on his official microblog account on Sunday.
By J.R. Wu TAIPEI (Reuters) – Taiwanese regulators cleared on Tuesday China's Xiaomi Inc and other smartphone brands of breaching local data protection laws after national security concerns triggered the government to launch a probe in September. The National Communications Commission, in a report concluding the investigation, said all the 12 brands it had tested, which include handsets sold by Apple Inc, Samsung Electronics Co Ltd, LG Electronics Inc and Sony Corp, did not violate the laws. …