China’s Xiaomi to Buy 1,500 Patents From Microsoft,showing its demand for US market

  Chinese smartphone giant Xiaomi has announced it will purchase 1,500 of Microsoft's patents, many of those related to mobile software, as it marks the next step in its pursuit of Western expansion. The financial terms of the deal were not disclosed. While the Android maker dominates its home market with an intimidating 26% share of the fast-growing [...]