Lei Jun, CEO of Xiaomi showed off their new MI fitness band, explaining that he had tried a lot of competing similar devices in the past but none ever stuck. In a snub to its competitors, Lei said that Xiaomi has striven to make the Mi Band stand out with a few key features — in particular, it can last 30 days on a full charge, and is waterproof with an IP67 standard.
Hinted to cost just about $13, the MI breaks into the low priced wesrwbles space promising much more than the expensive variants are promising. The Mi Band is claimed to feature sensors for tracking various health metrics and can even act as an alarm clock.
For more update check out: http://thenextweb.com/gadgets/2014/07/22/xiaomi-announces-first-wearable-device/