Xiaomi announces its first-ever CES presence, will launch 'an all-new product globally'

The summary of Xiaomi's CES 2017 announcement, scheduled to take place on January the 5th, reads:

Xiaomi, a smartphone manufacturer that has often been referred to as the Apple of China, has been eyeing a US expansion for a few good years now. However, responding to previous rumors, former Googler Hugo Barra - now Vice President of Xiaomi International - hinted that his company still has some work to do before it can successfully launch a smartphone in the US.

Xiaomi has been selling a few products in the US for a few good months now, but no smartphone just yet. At the moment, Xiaomi's US store lists products such as a Bluetooth speaker, a power bank, and a couple of headphone models. Xiaomi also makes a number of other consumer electronics products, such as fitness bands, laptops, TVs, VR headsets, and smart home devices but most of these are only available in China.

Xiaomi has enjoyed tremendous growth in its first few years of existence. The company's smartphones, models that provided a lot of value for the money, boosted Xiaomi to the top of the smartphone manufacturer rankings in China, the largest smartphone market on the globe. In the most recent quarter, however, Xiaomi was relegated to the fourth place in the rankings, behind Oppo, Vivo, and Huawei.

We'll be on the floor at CES 2017 in Las Vegas and we'll be there to check out the all-new product that Xiaomi promised to announce.