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Xiaomi looks past sliding China handset share to 5G future

Officials aim for stability in mainland for now, pledge more investments

Xiaomi, once China's largest smartphone maker, has been struggling to fend off competition at home.   © Reuters

HONG KONG (Nikkei Markets) -- Xiaomi on Wednesday signaled the handset maker is focused on keeping operations stable in China in the face of its falling market share, keeping its eye on potential opportunities in the 5G era, which it sees as a "friend."

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