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Apple's iPhone shipments strong in China, but can't catch Xiaomi

Michael Kan | Feb. 13, 2014
Vendors shipped 100M smartphones to China in the fourth quarter

Xiaomi has been a fast-rising company, partly by selling handsets packed with cutting-edge features at low prices. While its profit margins have been thin, Xiaomi is working to sell more software over its handsets to rake in added revenue.

The Chinese company's phones are still largely only available in mainland China, but the vendor plans on releasing its handsets to Southeast Asia later this year.

 

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