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Xiaomi announces $13 Mi Band wearable with phone unlock feature, and first LTE phone

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Rapidly-growing Chinese manufacturer Xiaomi announced its first wearable today, the Mi Band. While it’s a fitness band rather than a smartwatch, it does have one smartwatch-style feature: it can be used instead of a passcode to unlock Mi phones.

The waterproof Mi Band measures activity levels and sleep patterns, has a smart sleep-cycle alarm and claims to have a 30-day battery-life. Amazingly, it will be going on sale in China and Singapore for the equivalent of just $13 … 
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