Ron Burgundy Posted January 15, 2015 Share Posted January 15, 2015 By Paul Carsten BEIJING (Reuters) - China's Xiaomi Inc [XTC.UL] staked its claim to Apple Inc's crown on Thursday as the world's third-biggest smartphone maker and most valuable tech start-up unveiled the flagship Mi Note, its challenger to Apple's iPhone 6 Plus. Chief Executive Lei Jun introduced the Mi Note in Beijing with a breakdown of the large-screen phone's technical features, with multiple comparisons to Apple's equivalent. At 2299 yuan ($371) for a model with 16 gigabytes of memory, the Mi Note will retail for almost two-thirds less than the iPhone 6 Plus. Just three years after Xiaomi sold its first smartphone, a $1.1 billion round of fundraising announced in December valued the firm at $45 billion. View the full article Quote Link to comment Share on other sites More sharing options...
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