China phone maker Xiaomi setting up international headquarters in Singapore
China handset maker Xiaomi will be setting up its international headquarters in Singapore.
The firm will be moving out of its current office at Asia Square to a new space in the Clarke Quay area and plans to hire 10 to 20 staff over the next six months.
Xiaomi co-founder Lin Bin told The Straits Times on Wednesdy that the company is now actively recruiting for positions such as in finance.
The phone maker, whose investors include Temasek Holdings and GIC, chose Singapore as its international office because the country is an "incredibly sophisticated market", said Mr Hugo Barra, the vice president of Xiaomi Global.