Xiaomi is the Chinese threat Trump should be watching

IF you want an example of the threat faced by the US from an emerging China, look no further than Xiaomi Corp.

The electronics manufacturer has made the bold move into designing its own smartphone chips. Of the vast variety of semiconductors that reach the market every year, it's those processors used in mobile phones that are among the trickiest to master. Difficulty wasn't a deterrent when Xiaomi rewrote the smartphone business model by selling direct to consumers online, so there's no reason for it to be a hindrance now.