Xiaomi’s expansion outside of Asia has finally begun

Considering how an iPhone in Brazil is almost twice the price of an iPhone in the United States, not to mention the country has a massive population and a rapidly growing smartphone market, Brazil seems like an obvious choice for Xiaomi’s next expansion. The burgeoning Chinese company began its first step into Latin America, as well as its first step outside of Asia, earlier today when it announced that the new Redmi 2 smartphone will be launching in Brazil for around $160 in local currency.