Tech

High-end smartphones at lower prices coming as low-end vendors like Xiaomi make their move

Xiaomi is just one of many smartphone manufacturers slicing prices, expanding global reach Low-end smartphone suppliers, particularly in emerging markets, could have a large impact on the overall smartphone market in 2014 and beyond and perhaps the first evidence is the news that Chinese smartphone maker Xiaomi has announced plans to enter 10 foreign markets later this year, including Brazil, Mexico and Russia, in a bid to expand their reach with cheaper but cutting-edge smartphones While Samsung and Apple continue to steal headlines in this space, several other, smaller smartphone makers are quietly focusing attention on emerging markets with fairly cutting-edge products in the sub $200 price range.
by Michael McEnaney
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