Leave it to Xiaomi to come up with a $50 smartphone. The Chinese smartphone maker is said to be looking to bring uber-cheap phones to Japan in the near future, according to Nikkei Asian Review.
Xiaomi is considered China's high-end smartphone maker that sells sleek devices at low prices. In 2012, the company sold more than 7 million handsets and generated more than $2 billion in revenue. In 2013, it sold about 19 million smartphones. For this year, the company's co-founder Lei Jun said he plans to supply 40 million phones.
High on the list of Xiaomi's … Read more