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Meet China's Homegrown iPhone Slayer

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Believe it or not, despite Apple's successes in China, it's still not top dog there in smartphones.

China Wireless Technologies, which makes phones under the Coolpad brand, is one of four Chinese smartphone makers that are outselling Apple in the world's most-populous and most-Internet-connected country. Their secret is to tailor their devices -- and more importantly, prices -- to the budgets of China's budding middle class.

Bloomberg TV's Steve Engle goes inside the factory where Coolpads are born.

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