Xiaomi admits it doesn't make money on smartphone hardware sales - TechCrunch

TechCrunch

Xiaomi admits it doesn't make money on smartphone hardware sales TechCrunch Xiaomi's business model isn't about selling handsets, except insofar as those handset sales lead to recurring service revenue later on. So said Xiaomi global VP and former Android VP Hugo Barra in an interview with Reuters. The executive for the device ... and more »