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China's mini Apple takes slice of smartphone pie

Lei Jun, founder and CEO of China's mobile company Xiaomi, speaks at a launch ceremony of Xiaomi Phone 2 in Beijing in this August 16, 2012 file photo. REUTERS/Jason Lee/Files

Lei Jun, founder and CEO of China's mobile company Xiaomi, speaks at a launch ceremony of Xiaomi Phone 2 in Beijing in this August 16, 2012 file photo. REUTERS/Jason Lee/Files

Lei Jun, founder and CEO of China's mobile company Xiaomi, speaks at a launch ceremony of Xiaomi Phone 2 in Beijing in this August 16, 2012 file photo. REUTERS/Jason Lee/Files
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Lei Jun, founder and CEO of China's mobile company Xiaomi, speaks next to his company's logo at a launch ceremony of Xiaomi Phone 2 in Beijing in this August 16, 2012 file photo. REUTERS/Jason Lee/Files

Lei Jun, founder and CEO of China's mobile company Xiaomi, speaks next to his company's logo at a launch ceremony of Xiaomi Phone 2 in Beijing in this August 16, 2012 file photo. REUTERS/Jason Lee/Files

Lei Jun, founder and CEO of China's mobile company Xiaomi, speaks next to his company's logo at a launch ceremony of Xiaomi Phone 2 in Beijing in this August 16, 2012 file photo. REUTERS/Jason Lee/Files
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