Xiaomi to open online US store
Chinese smartphone vendor Xiaomi has announced plans to open an online store in the United States later this year.
However, the Beijing-based company will not be selling its smartphones in the online store.
The new US online store, called Mi.com, will instead sell a selection of smaller-brand products such as headphones, air purifiers, smart wristbands and mobile power chargers.
Xiaomi currently sells its products in China and seven other markets around the world.
Xiaomi sold 61 million handsets last year, and expects it will sell around 100-million this year.
For more on Xiaomi's venturing into the US market, we are now joined live by Mike Bastin, Director of The China Business Centre based in London.