Xiaomi announces $13 fitness-focused smartband that can also unlock your phone

Chinese smartphone maker Xiaomi is bringing its low-price strategy to wearables, and offering a smart wristband that will sell for a mere $13, the company announced on Tuesday.

“I believe this wristband will very soon become the world’s best selling wristband,” said Xiaomi’s CEO Lei Jun during a product launch.

Called the Mi Band, the device is meant mainly to be a fitness tracker with a 30-day

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