Reported to suspend operations in Russia but in July 2022, Xiaomi and its sub-brand POCO combined accounted for 42% of the Russian smartphone market, ranking first in terms of sales volume. Xiaomi Corporation, the leader in the sale of smartphones in the Russian Federation, was included in the list of international sponsors by NACP of the war but the company is "strongly against the accusation from the Ukrainian National Agency on Corruption Prevention (NACP) that we are "International sponsor of war". We don't support any war actions. We fully embrace world peace. Our mission is to let everyone in the world enjoy a better life through innovative technologies". Xiaomi Corporation has applied to the Federal Service for Intellectual Property (FIPS) to register a new product. According to the document, if the application is approved, the company will be able to produce and sell beer, chocolate, fruit and other products. Revenue decreased in 2024 vs 2023 by more than -10%.