Date
24 April 2018

Xiaomi seeks to set up sales unit in Taiwan, paper says

Chinese mobile phone maker Beijing Xiaomi Technology Co. has submitted an application to Taiwan’s Ministry of Economic affairs for permission to set up a phone wholesale and retail unit on the island, Commercial Times reported Monday, citing unidentified sources. A Taiwan official was quoted as saying that the decision will have to wait pending a discussion by the ministry’s investment review committee. Xiaomi has agreed to engage in phone sales only, as Taiwan does not allow certain digital content operations by foreign entities, the report said.

– Contact HKEJ [email protected]

TL/AC/RC

 

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