US and China tech giants look increasingly similar

US tech giants have been carrying out some nifty remodelling in recent months.

Apple is ramping up its activities in films, payments and gaming to reduce its dependence on iPhones - much like Xiaomi, the Chinese group that started out making cheap smartphones and branched into Internet services, including entertainment and finance.

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A version of this article appeared in the print edition of The Straits Times on April 18, 2019, with the headline 'US and China tech giants look increasingly similar'. Print Edition | Subscribe