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Xiaomi hopes to open 1,000 stores by 2020

To date, Xiaomi has focused overwhelmingly on internet sales of its smartphones and media devices in order to keep costs down. Even its tiny retail footprint has largely been limited to service centers and "experiences." However, that's all going to change in the next few years. Xiaomi has revealed that it plans to open 1,000 honest-to-goodness retail stores by 2020. It'll make sure that customers can "touch and test" Xiaomi's technology, CEO Lei Jun says.
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