What is Xiaomi? Getting to know the Chinese company that is taking on Apple

There may be no hotter company on the planet than Xiaomi

In less than five years, the company has gone from startup to global player in the smartphone market. Analysts compare it to Apple. Its products cover both the low-end and the high-end of the market. And it has plans to move beyond Asia

See also: Xiaomi raises $1.1 billion to become the world's most valuable startup

Still, it is something of an unknown. Foreign companies sometimes have a hard time getting recognition in the U.S. (Alibaba being the prime example). In an attempt to alleviate this, here's a straightforward look at what Xiaomi is and where it's headed. Read more...

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