NACP adds Xiaomi to the list of international war sponsors

One of China's largest technology companies, Xiaomi Corporation, has been added to the list of international sponsors of the war.

The decision was announced by the press service of the National Agency for the Prevention of Corruption.

They said that Xiaomi not only continued its work in Russia after the start of the full-scale invasion but also remains the leader in smartphone sales in the terrorist country.

"From 2018 to the present day, Xiaomi has been ranked first in sales in online stores in Russia, and also has a large network of officially authorized Mi Store retail stores throughout Russia," the NACP representatives noted.

Moreover, the Chinese company increased the supply of equipment to Russia by 39% in the third quarter of 2022 and continues to recruit staff for its Russian offices.

"Such actions directly indicate that Xiaomi Corporation is sponsoring Russia's military aggression against Ukraine," the NACP concluded.

The corporation will now be added to the World-Check database, which keeps track of high-risk individuals and organizations. It is used to identify and manage financial, regulatory, and reputational risks.

Author - Serhii Kolomiets, 14/04/2023