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April 25, 2018 11:08 am GMT

Xiaomi promises to give money back to customers if its profits get too high

Xiaomi, the Chinese smartphone maker tipped for a public listing this year, has made a unique pledge: if it makes too much money, it’ll give a chunk of its profits back to its customers. Yes, that’s right. The company said today it will forever limit the net profit margins after tax for smartphones, smart home […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JhU1kfYYx8s/

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