
When Xiaomi unveiled the Mi 4 today at a massive event in Beijing, I referred to it as a company that’s often said to be ‘the Apple of China’. It seemed self-evident - while Xiaomi’s business strategy to sell devices at nearly zero profits reminds much more of Amazon, Xiaomi itself blasts out Apple look-alikes product after product. Not just this, its events are very reminiscent of those of the Steve Jobs-led Apple, and Xiaomi chief executive Lei Jun dresses in a black turtleneck, blue jeans, and pulls out a ‘one more thing’. Literally.
Yet, Xiaomi’s global vice president Hugo Barra, a former ...
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