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Chinese smartphone maker Xiaomi to release first tablet: Sources

Published on May 9, 2014 10:27 PM
 
Chinese smartphone maker Xiaomi will soon release its first tablet, sources with knowledge of the matter told Reuters, expanding the fast-growing company's product lineup in a potential challenge to Samsung Electronics Co Ltd and Apple Inc. -- FILE PHOTO: XIAOMI

BEIJING/TOKYO (REUTERS) - Chinese smartphone maker Xiaomi will soon release its first tablet, sources with knowledge of the matter told Reuters, expanding the fast-growing company's product lineup in a potential challenge to Samsung Electronics Co Ltd and Apple Inc.

Xiaomi this week said it would hold a launch event in Beijing on May 15, but declined to give details or comment further. The sources could not confirm whether the tablet would be unveiled at that event.

The four-year-old Chinese company, which reached the No. 5 spot in its home market in the final quarter of last year according to Chinese research firm Analysys, is a standout among China's crop of emerging smartphone makers that are expanding the market with lower-priced products.

They are also creating new opportunities for parts suppliers in Japan, including display makers Sharp Corp and Japan Display Inc, as they bolster their offerings of high-specification features to compete with global brands. Xiaomi lists Sharp as a display supplier on its website and the sources said Sharp would make the displays for the Xiaomi tablet.

 
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