Xiaomi Comes to Americas With Brazilian-Made Smartphone at $160

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Xiaomi Corp. will start selling smartphones in Brazil this month, its first market for the low-priced devices outside Asia.

The Redmi 2 will sell for 499 reais ($160) online as the company’s first phone made outside China, Hugo Barra, vice president of Xiaomi Global, said in a phone interview from Sao Paulo. Sales in Thailand, Vietnam and Russia may start within the next 12 months, he said.