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Xiaomi eyeing virtual reality business: CEO Lei Jun

Lei Jun

BEIJING -- On the sidelines of his attendance at the National People's Congress, The Nikkei interviewed Lei Jun, chief executive officer at Xiaomi, about his outlook for the leading Chinese smartphone manufacturer. Excerpts from the interview follow. 

Q: Competition is intensifying in the market for smartphones, and Xiaomi is said to be losing ground to Huawei Technologies. How will you respond to this?

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