Xiaomi acquires 1500 patents from Microsoft ahead of US entry plans

Xiaomi has agreed to purchase around 1,500 patents from Microsoft in an example of the rising costs facing the Chinese smartphone ahead of plans to enter the U.S. and other advanced markets The company has had its sights on the U.S. market for some time but has apparently held back because of concerns about patent infringement lawsuits Xiaomi entered the Indian market last year but its scale there is still relatively small