Tech giants say India ignorant in Xiaomi spatBloombergA lobby group including Apple Inc and other technology giants operating in India have called out the country’s authorities for misunderstanding how patent fees work, following local officials’ dispute with Xiaomi Corp (小米). The Indian agency that combats money laundering is accusing Xiaomi of moving money out of the country by falsely claiming it was for patent fee payments. People walk past a Xiaomi Corp store in Mumbai, India, on May 11. The risk for the other companies is that Indian authorities apply similar interpretations of royalty payments to other tech firms. Indian authorities said Xiaomi’s local unit remitted money to three foreign-based entities with ties to Xiaomi, masking them as royalty payments.
