Xiaomi Delays Overseas Push Amid Talks With Foxconn on Output
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Xiaomi Corp. is delaying aggressive plans to expand into five more countries this year as the Chinese smartphone maker talks with Foxconn Technology Group about boosting production of the low-cost devices.
Xiaomi and Foxconn are discussing making phones in India and Brazil, Hugo Barra, Xiaomi’s vice president in charge of global operations, said in an interview yesterday near New Delhi. Beijing-based Xiaomi, the world’s third-largest smartphone vendor, may also consider manufacturing in Indonesia, Barra said.