Xiaomi’s Amazon Approach to IPhone Fight Means Losses for Next Three Years – Bloomberg

February 16, 2012 Posted By: Leave a comment
Xiaomi’s phone with a dual-core 1.5 gigahertz Qualcomm Inc. (QCOM) Snapdragon processor is priced at 1,999 yuan ($317) on its website, less than half the 4,988 yuan price for the iPhone 4S at Apple’s online store in China. “Those phones ...
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