Chinese consumers are getting a second run at what could be the world’s best smartphone deal, and their response will be closely watched as an indicator of Chinese companies’ prospects in the fast-growing market for mobile devices and services.
Xiaomi Technology, a Beijing-based start-up, on Monday resumed online sales of a touchscreen handset featuring specifications that rival the fastest mobile phones from international brands, but which sells for half the average price of devices with similar processing power.
Xiaomi’s smartphone stands out among domestic rivals as the first Chinese handset to use a dual-core processor, and with a 1.5GHz processor from Qualcomm. Samsung’s new Galaxy Nexus runs off a 1.2GHz dual-core processor.
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