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Chinese Smartphone Maker Xiaomi To Release First Tablet: Sources


Ron Burgundy
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A user of Xiaomi uses his mobile phone to take a photo in BeijingBEIJING/TOKYO (Reuters) - Chinese smartphone maker Xiaomi will soon release its first tablet, sources with knowledge of the matter told Reuters, expanding the fast-growing company's product lineup in a potential challenge to Samsung Electronics Co Ltd and Apple Inc. Xiaomi this week said it would hold a launch event in Beijing on May 15, but declined to give details or comment further. The four-year-old Chinese company, which reached the No. 5 spot in its home market in the final quarter of last year according to Chinese research firm Analysys, is a standout among China's crop of emerging smartphone makers that are expanding the market with lower-priced products. They are also creating new opportunities for parts suppliers in Japan, including display makers Sharp Corp and Japan Display Inc, as they bolster their offerings of high-specification features to compete with global brands.




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