Retail in Asia

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Xiaomi to open new store in Taiwan this year

Chinese smartphone maker Xiaomi Inc. said that it will open a facility in Taiwan in the next few months to showcase its products and provide better after-care service. Xiaomi, whose low-cost, feature-rich phones are sold largely online, previously planned to set up a store in Taiwan by the end of 2014, but the timetable was postponed because the company needed more time to find an appropriate location, said Bin Lin, Xiaomi’s co-founder and president.