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Dec 26, 2023
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Vivo Staff Arrests in India Highlight Challenges for Chinese Smartphone Makers in a Tough Market

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Following the previous arrest of several Vivo executives, two more senior employees of Chinese smartphone manufacturer Vivo have recently been arrested by the Indian law enforcement authorities for alleged money laundering. The identities of these arrested Vivo employees have not been disclosed, but they are scheduled to formally appear in court for trial today. Two

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Business * Following the previous arrest of several Vivo executives, two more senior employees of Chinese smartphone manufacturer Vivo have recently been arrested by the Indian law enforcement authorities for alleged money laundering. The identities of these arrested Vivo employees have not been disclosed, but they are scheduled to formally appear in court for trial today.

Two months ago, the Indian law enforcement authorities had arrested four executives of Vivo India, including the CEO and CFO, one of whom is a Chinese national. It was one of the first arrests of senior Chinese executives in India. In July, Indian authorities raided dozens of Vivo’s offices in India and seized over src00 bank accounts related to Vivo India, containing more than 50 million US dollars. Vivo has stated that it would legally contest these arrests in court.

Another Chinese smartphone maker, OPPO, reportedly prohibited Chinese executives to travel to and work in India, fearing visa issues and concerns about detention by the Indian government. Xiaomi Inc faced similar fate in India. In April 2022, Indian government seized about US$725 million from Xiaomi, with the Indian financial enforcement agency claiming that Xiaomi’s actions violated Section

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