The Chinese company, which is valued at $10 billion and hired Google’s Hugo Barra, initially made its name with smartphones, but has moved into other verticals: including smart TVs, cheaper smartpones and ebooks, while flagship retail stores are planned.
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There’s no price for the router which will launch as a beta with selected customers on December 19. It’s not clear when a full launch will occur — though the product is another reason to compare Xiaomi to Apple (and its Airport routers) — that’s something Xiaomi founder Lei Jun doesn’t appreciate… at all.