Xiaomi Success Inspires Every Man to Make Smartphones in China

The call of the world’s biggest smartphone market is proving irresistible for entrepreneurs in China, where even purveyors of concrete mixers, refrigerators and rock music are mimicking local trailblazer Xiaomi Inc with their own handsets. But the market shrank in early 2015 for the first time in six years and sales have fallen at one-time leader Xiaomi. That sudden about-turn

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