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Xiaomi founder and Chief Executive Lei Jun describes the technology company as a "new species" not comparable to others. (Photo by Koko Chung)
Company in focus

Xiaomi is in a class of its own, founder claims

Chinese smartphone upstart challenges market analysts ahead of stock listing

NIKKI SUN, Nikkei staff writer | China

HONG KONG -- Xiaomi knows how to keep the cost of its smartphones low.

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