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Watch Xiaomi launch its new flagship phone live at Mobile World Congress Watch Xiaomi launch its new flagship phone live at Mobile World Congress Buzzy Chinese smartphone company Xiaomi is making its first major appearance at Mobile World Congress in Barcelona this year. The company is set to unveil the Mi 5, its latest flagship smartphone, in what it calls a “Global Launch Event.” Could that naming, along with the event’s location, hint that Xiaomi might be looking to expand its borders further beyond Asia? It’d be a long shot, but you can tune into the live stream above to find out. XIAOMI ANNOUNCES THE MI 5, ITS LATEST FLAGSHIP PHONE Xiaomi rose to prominence a few years ago as one of the first companies to sell competent smartphones at extremely low prices, gathering a large user base with the intention of hooking people on a broader ecosystem. Hype around the company peaked in late 2014, when it was valued at a staggering $46 billion. THE PRESSURE IS ON Amid an...