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Smartphone maker Xiaomi Technology Co announced Wednesday a plan of furthering its expansion into 10 other countries in Asia, Europe and South America this year.
Lei Jun, Xiaomi's CEO, said that the company has bought a new domain name "mi.com" for $3.6 million, which is believed to be the most expensive in China's Internet history.
The company also launched router and enhanced version of its TV set-top box products on Wednesday.
Smartphone maker Xiaomi woos buyers off mainland
2014-04-09Xiaomi ships 11 million smartphones in Q1
2014-03-31Xiaomi expands to Singapore retail market
2014-02-24Xiaomi, Bank of Beijing announce deal, followed by insider trading
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