With an intention to scale the environment and establish a grip in the Internet of Things (IoT) space, the Chinese smartphone manufacturer, Xiaomi, plans to acquire 100 more technology start-ups in the near future.
World's gigantic smartphone makers Xiaomi and Alibaba Group Holding Ltd's finance wing Ant Financial, later this Thursday announced a new joint venture to develop a mobile payment system using wearable technologies, a first for China's major tech firms.
Smartphone maker Xiaomi has recently launched Mi4 smartphone priced at Rs 19,999. This smartphone will be available for sale on Flipkart from February 10, and registrations will start from January 28, 6 pm, says a report in Financial Express.
Chinese smartphone maker Xiaomi will set up a data centre in the India by next year to host services for Indian customers as it looks to enhance quality of service and address concerns around data security, according to a PTI report.