China's Xiaomi Inc [XTC.UL], the world's third-biggest smartphone maker, will invest in Indian start-ups and overseas media content, Hugo Barra, vice president of the company's global division, said in an interview on Friday. Xiaomi, now the world's most valuable tech start-up, would like to be a significant player in media content, Barra said. "We are already making some investments for now focused on China, but in the future we will do that in other markets too." "One area that we are also looking to make some investments in is start-ups in India. India is already the largest market for us outside of mainland China," Barra said.
via Tech News Headlines - Yahoo News http://ift.tt/1IFXyE5
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