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August 29, 2013 AT 11:32 AM
It?s still the case that many people haven?t heard of Xiaomi (Tsyow-Mee), but that?s changing fast.The Chinese phone maker has been on a tear, selling seven million phones last year, and on pace to sell 15 million devices or more this year. The company recently made some headlines when it reached a reported $10 billion valuation.