Editor’s Pick The popular Chinese smartphone maker Xiaomi has a CEO who isn’t afraid to mimic the late Steve Jobs — yet it still has plenty to teach the West.
Google’s vice president of Android product management Hugo Barra has reportedly quit and is taking a job at Chinese phone company Xiaomi.
Chinese smartphone maker Xiaomi is now worth an astonishing $10 billion. The company’s fourth round of funding more than doubles its previous $4 billion valuation.
Apple CEO Tim Cook, however, was philosophical.
“In the arc of time, China is a huge opportunity. I don’t get discouraged over a 90-day cycle.”