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Xiaomi doubled revenue in 2014, raking in $12B

The Redmi 1S has been a hit for Xiaomi. Xiaomi Xiaomi continued its meteoric growth in 2014, more than doubling its revenue from the year before, the CEO of world’s third-largest smartphone maker revealed Sunday. The Chinese handset maker raked in 74.3 billion yuan ($12.1 billion) in pre-tax sales last year, an increase of 135 percent from 2013, Lei Jun …

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Panasonic’s CES 2015 press conference: Join us Monday (live blog)

Panasonic’s Lumix DMC-LX100 is one of the companies newer cameras capable of shooting 4K video. Sarah Tew/CNET If 2014 was the year that “ultra HD” 4K gained ground, then this is the year that will test whether it truly takes over— and Panasonic is banking on having something to show for when 1080p finally gets bumped. At the annual Consumer …

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