Chinese Tech Firm Unveils Xiaomi Note in Beijing…
China’s Xiaomi Inc. launched the Xiaomi Note on Thursday as the smartphone maker seeks overseas expansion.
The world’s fourth-largest smartphone maker by shipments said the Xiaomi Note would be lighter, thinner and have a flatter camera than Apple Inc. ’s iPhone 6 Plus. Chairman Lei Jun also said at the launch event in Beijing that developing an ecosystem of devices connected to its smartphones is a key part of the company’s strategy.
Xiaomi became the world’s most valuable tech startup last month after raising $1.1 billion, giving it a valuation of more than $46 billion. The four-year-old company has become China’s leading smartphone vendor by selling devices with similar specifications to leading global brands such as Apple’s iPhone but at a fraction of the price.