WSJ: Xiaomi and Lenovo "quietly" leave the Russian market

By: Myroslav Trinko | 07.05.2022, 10:58

We recently wrote that the company DJI stops its activities in Russia. Now there is information that two more Chinese companies may soon leave the country.

What is known

We are talking about Xiaomi and Lenovo. According to the edition The Wall Street Journal, manufacturers have greatly reduced the supply of their products to Russia and may soon leave the country completely so as not to incur US sanctions.

Unlike Western companies, Xiaomi and Lenovo have not spoken out about Russia's war in Ukraine, since China does not officially support sanctions. However, in order not to repeat the fate of Huawei others Chinese companies decided not to take risks and "quietly" leave the country.

Source: WSJ