Xiaomi compensated again, 130,000 euros from those who violated a confidentiality contract

Xiaomi compensated again, 130,000 euros from those who violated a confidentiality contract

Xiaomi compensated again

The confidentiality contracts, called NDA (non-disclosure agreement) in jargon, must be respected and Xiaomi wanted to give a memorable lesson to a Chinese blogger who in August 2020 had violated one of these contracts with the company.

Compensation for damages has been set at around 130,000 euros, a figure certainly not exaggerated for Xiaomi but which will be remembered for a long time by those who have broken legal agreements.

In our work we often have to do with the so-called NDAs, confidentiality contracts that are signed by us representatives of the press and media as an agreement with the companies involved. In fact, test devices are often sent long before their official presentation or arrival on the market and the publication of written or multimedia content in this regard is prohibited until the expiry of a certain date and / or time of embargo.

On August 11, 2020, a Chinese blogger known as Beautiful Technology had published an unboxing video of what was at the time the top of the range of the company, the Xiaomi Mi 10 Ultra version in advance of the expiry date of the NDA contract. commemorative.

The violation of this embargo, as per the decision of the China International Economic and Trade Arbitration Commission, will cost the blogger a staggering 1 million yuan, about 130,000 euros, which must now be reimbursed to the company by Lei Jun.

The apologies from Beautiful Technology to the company, the CEO and all employees have already been officially published on Weibo, in a post in which he states that he will try to avoid this kind of problem from now on, thus respecting the law. Apparently he must have understood that the game is not worth the candle when the prize at stake is just getting more visibility than its competitors.

Wang Teng Thomas, Product Director of Redmi, following this decision of the judges shared the thoughts of another blogger, who reflects whether it is more important to give the news first or if all in all it makes more sense respect this kind of agreements.

The user who had to compensate Xiaomi for over 3,000 euros. Lesson certainly learned, at least in this case. Of course, if technology companies enforced this kind of contracts with such precision even by us at least it would be the end of the crafty ones who want to grab easy clicks at the expense of the companies they work with. But that's another story ...

For those looking for a smooth smartphone and don't like curved edges, you can find the excellent OnePlus Nord 5G on Amazon!

China's Xiaomi says U.S. has formally lifted securities ban

HONG KONG (Reuters) - China's Xiaomi Corp said on Wednesday a U.S. court has removed the company's designation as a Communist Chinese Military Company (CCMC) and lifted all restrictions on U.S. persons buying or holding its stock.

'The U.S. District Court for the District of Columbia issued a final order vacating the U.S. Department of Defense's designation of the company as a CCMC,' the smartphone maker said in a filing to the Hong Kong bourse. It said the order was made on Tuesday.

'The company reiterates that it is an open, transparent, publicly traded, independently operated and managed corporation,' Xiaomi chairman Lei Jun said in the statement.

A court filing showed earlier in May that the U.S Defense Department would remove Xiaomi from a government blacklist, marking a reversal by the Biden administration of one of Donald Trump's last jabs at Beijing before exiting office.

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