#<p><img class="alignleft size-full wp-image-4043" alt="tv58" src="http://channeleye.co.uk/wp-content/uploads/2013/07/tv58.jpg" width="320" height="244" />China’s Xiaomi, the world’s third-largest smartphone manufacturer, is stepping sideways and getting into television.</p>
<p>Writing in its official Weibo microblog the company said it will invest $1 billion in building television content.</p>
<p>The big idea is that providing TV content will help enrich the company’s content and becoming a ‘leading bellwether for the industry.’</p>
<p>Details of the move are sketchy at the moment, but Xiaomi is entering a rocky sea where many leading bellwethers, including Microsoft, Intel and Apple have run aground. <a href="http://channeleye.co.uk/xiaomi-gets-into-tv-content/" class="read_more">more&#187;</a></p><div class="feedflare">
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