China’s Xiaomi, the world’s fifth-largest smartphone seller, told CNBC it plans to triple its store count in Western Europe by the end of 2019. Xiaomi’s European phone shipments surged 62 percent last year, while Huawei’s increased 56 percent. “The U.S. administration is causing Chinese companies to invest in Europe over the U.S.,” Canalys senior analyst Ben Stanton said.
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