16-01-2015 08:58 via uk.news.yahoo.com

China's Xiaomi to invest in Indian start-ups, overseas content

By Paul Carsten BEIJING (Reuters) - China's Xiaomi Inc [XTC.UL] plans to invest in Indian tech start-ups and overseas media content, as the world's No.3 smartphone maker looks to dominate homes with its own TVs and appliances. Just three years after selling its first handset, a $1.1 billion round of fund-raising announced in December valued the privately held company at $45 billion, making it the world's most valuable tech start-up. With Samsung Electronics Co Ltd  and Apple In
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