Xiaomi India head resigns amid biz challenges

Xiaomi India head Muralikrishnan B has resigned to pursue academic research, after a tumultuous period for the smartphone maker. Murali, who joined in 2018 and became president in 2022, oversaw Xiaomi's fluctuating market share amidst competition and regulatory hurdles. While briefly regaining the top spot in Q2 2024, Xiaomi fell behind rivals like Vivo by Q3.