HONG KONG -- China's Xiaomi, the world's fourth-largest smartphone maker, is seeking up to $1 billion through its first bond sale on international markets, according to people familiar with its financing plans.
The move comes three weeks after the company surprised analysts by posting growth of 27.1% in October-December sales revenues even as global smartphone sales slumped -- and by expressing confidence that the impact of the coronavirus pandemic would be short-term.
