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Smartphone maker Xiaomi targets the Indian consumer ahead of global push

Chinese smartphone maker Xiaomi has no plans to extensively expand into the US and European markets as it wants to focus on India in its global strategy

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Xiaomi continues to target Indian market, has no immediate plans for IPO

Xiaomi Corp. Chairman and Chief Executive Lei Jun said that India continued to be a major target market this year and that he aimed to further expand in businesses other than smartphones.

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Book fans embark on novel quest

​Over the past fortnight, more than 50,000 book fans, the majority teenage girls, have descended upon the Changbai mountain range.

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Mixed signals: Xiaomi connects with the market

​Chinese smartphone manufacturer Xiaomi, which has won a large following - and a lot of controversy - with ultra-cheap mobile devices, will break the 2,000-yuan (369 U.S. dollars) barrier when its new handset hits the market Tuesday.

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Mixed signals: Xiaomi connects with the market

​Chinese smartphone manufacturer Xiaomi, which has won a large following - and a lot of controversy - with ultra-cheap mobile devices, will break the 2,000-yuan (369 U.S. dollars) barrier when its new handset hits the market Tuesday.

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Xiaomi smartphone sales triple in 2014

Chinese smartphone maker Xiaomi Inc. sold 61.12 million smartphones in 2014, up 227 percent year on year, company founder and chief executive officer (CEO) Lei Jun said Sunday.

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Xiaomi's market value hits 45 bln USD: founder

The market value of Chinese smartphone manufacturer Xiaomi Inc. is estimated at 45 billion U.S. dollars after the company completed its latest round of fundraising last week, company founder and chief executive officer (CEO) Lei Jun said on Monday.

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Mass line, IT guru's secret to success

When summing up his business strategy, Lei Jun, founder of China's Xiaomi Technology, used a very political term: "mass line."

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Chinese farmers look to more land reform

While tens of thousands of rural Chinese have flocked to big cities for higher salaries, Lei Yingguo's decision to pursue green agriculture in the country has paid off, if only financially.

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Suspect arrested in Shanghai baby killing case

A suspect was arrested on Tuesday after a the body of an infant boy was found in a washing machine in Shanghai in November

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China issues stamps on Lei Feng to invoke spirit of a humble soldier

March 5 marks the "Learn from Lei Feng" Day, an annual event to remember an iconic Chinese soldier in the 1960s who embodies selflessness and altruism.