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Xiaomi has been fined in China for misleading advertising

December 26, 2021
Source: voonze.com voonze.com
News Snapshot:
There was a time when Xiaomi did not advertise its products, but relied on word of mouth from its customers. Years later, the company does advertise its products. One of these announcements has now resulted in a sanction for the firm in China since, according to a report by ITHome, Xiaomi has been fined 20,000 yuan (2,800 euros) for misleading advertising in its home country. This penalty, which is quite ridiculous for a large company, has been imposed by the market supervision department of the Chinese government for violating the “Advertising Law of the People’s Republic of China”. Last year,...
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Tags: 5G | advertising | AMOLED | China | Chinese | currency | display | government | IT | law | LCD | panel | phone | Redmi | Renminbi | report | Samsung | sanction | Sanctions | smartphone | Xiaomi | Yuan

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