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

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 devices and other hardware to just five percent. If it makes more money than