Stephen Sparks

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The West Has No Idea How Fanatical Xiaomi's Fans Are

Just a year and a half ago it was valued at less than $10 billion.<p>The company put up $12 billion in revenues in 2014. So how has it done it? A new report by Bernstein Research sheds new light on the Asian company, and the secret behind its meteoric rise: An extraordinarily loyal fanbase.<p>Xiaomi …