REDMI's top executive fired for leaking company secrets

In a surprising development, Xiaomi has officially dismissed Wang Teng, the General Manager and well-known face of its Redmi brand. The announcement came via an internal company memo dated September 8th, citing “serious violations” such as leaking confidential information and conflicts of interest. Wang Teng had played a pivotal role in shaping the marketing and product strategy for successful lines like the Redmi Note series, so his sudden departure has triggered significant discussion among both industry analysts and Xiaomi’s large customer base regarding the brand’s future direction.

Official Statement and Immediate Impact

The internal communication from Xiaomi outlined that Wang Teng’s employment was terminated in line with the company’s “Regulations on Handling Employee Illegal and Disciplinary Violations” and the “Xiaomi Group Code of Integrity.” The company stated Wang Teng, a senior member of the China Marketing Department, committed “serious violations of regulations and discipline.” The news was quickly confirmed by Wang Teng himself on social media, further fueling speculation and debate across online platforms.

Wang Teng’s Public Response

Wang Teng addressed the situation directly on Weibo to clarify his position and respond to the growing rumors.

Initial Statement

In his first message, Wang Teng acknowledged the company’s decision and accepted responsibility, saying, “I made some mistakes in the past and accept the consequences.” He expressed his gratitude to Xiaomi’s leadership and highlighted his ongoing support for the company and its brands, despite his departure.

Addressing Rumors

After additional rumors began circulating—including one alleging that he sold Xiaomi’s automotive pricing strategy—Wang Teng issued a firm denial. He stated, “I have seen many rumors… They are all false news and outrageous. I did not steal company secrets and sell them, nor did I accept money from others. There was dereliction of duty, and I am deeply reflecting on it, but I did not do anything illegal.” He urged the public to disregard speculation and focus on Xiaomi’s upcoming product launches.

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Sources: IT Home