Xiaomi bites Apple by launching Mi 5 smartphones

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Lei Jun, founder of Xiaomi launches the Mi 5 in Beijing on Feb 24, 2016.[Photo provided to chinadaily.com.cn]

The Mi 5, being ultra-fast and ultra-thin, outperforms Apple's iPhone 6s and iPhone 6s Plus in several categories, said Lei Jun, founder of Xiaomi, while revealing the details in the launch event in Beijing.

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