How Xiaomi’s New Flagship MIX 2S Stacks Up Against the iPhone X

As Xiaomi Corp. heads toward a potentially huge initial public offering, the Chinese startup has announced a new flagship smartphone aimed squarely at the high-end users that flock to Apple and Samsung devices.

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The $500 Mi MIX 2S was unveiled in Shanghai Tuesday by co-founder Lei Jun. Success for the new phone, which goes on sale in China on April 3, will be key to maintaining sales momentum ahead of an IPO that could value the Beijing-based company at $100 billion.

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