News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
XIAOMI-W, Accused of Illegally Transferring User Data, Says Company Always Prioritizes User Data Security
Austrian advocacy group Noyb named and accused TikTok, Shein, XIAOMI-W (01810.HK), and three other Chinese companies for illegally transferring user data from the EU to China, Reut...
Reset
Send
The window will close in 5 seconds
XIAOMI-W, Accused of Illegally Transferring User Data, Says Company Always Prioritizes User Data Security
Close
Recommend
18
Positive
34
Negative
16
 
 

Austrian advocacy group Noyb named and accused TikTok, Shein, XIAOMI-W (01810.HK)  +2.350 (+6.812%)    Short selling $1.90B; Ratio 18.113%   , and three other Chinese companies for illegally transferring user data from the EU to China, Reuters reported.

Xiaomi's EU spokesperson responded that it was informed that a non-profit organization sent a complaint to the European national data protection authority, and the company is reviewing the allegations made among which.

Related NewsG Sachs Latest Ratings, TPs on CN Internet Stocks (Table)
The spokesperson highlighted that respecting user privacy has always been an insurmountable ethical red line in the Internet industry, and is the cornerstone of an enterprise's ability to win the trust of its users.

The spokesperson reiterated that the group has always put the security of its users' data as its top priority, which includes openness and transparency, user control over the data, ensuring the security of the data, and complying with the global privacy standards.

Xiaomi's privacy policy complies with regulations such as the GDPR in the relevant markets, and that the storage and processing of users' data in the markets in which it operates complies with the local laws, the person also pointed out.

Related NewsG Sachs: National Subsidy Kicks off; XIAOMI-W Sees Potential Smartphone Sales Hike
If any national data protection agency seeks help from Xiaomi regarding the complaint, Xiaomi will fully cooperate to resolve the issue, the group said.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-01-24 16:25.)

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.