Briefing: Xiaomi unveils new smartphone model, expects shipments to hit 100 million by the end of October

 China’s Xiaomi Aims Its Priciest Phone at Huawei and Apple – Bloomberg

What happened: Smartphone maker Xiaomi unveiled the MIX 3—it’s most expensive and advanced model so far. With a starting price at RMB 3,299, the new device will go head-to-head with the older iPhone X and Huawei’s P20. The MIX 3 will go on sale in November.

Xiaomi also announced that it expects smartphone shipments to hit 100 million marks by the end of October— two months ahead of its estimates.

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