Thursday, January 12, 2017

China's Xiaomi targets 2017 sales of $14.5 billion after 2016 overhaul

HONG KONG (Reuters) - China's Xiaomi targets 2017 sales of over 100 billion yuan ($14.47 billion), Chief Executive Lei Jun said on Thursday, after a year that saw the firm fall down the smartphone vendor rankings while it overhauled its business.

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