China's Xiaomi aims to double smart home device sales this year to $1.54 billion

BEIJING (Reuters) - Chinese smartphone maker Xiaomi Inc [XTC.UL] aims to double sales of smart home technology devices like rice cookers and air purifiers this year, the company's vice president said on Thursday, as it accelerates diversification of business lines to cope with the saturation of smartphones at home and abroad.

from Reuters: Technology News http://ift.tt/1TfhW1Z