BEIJING, June 19 (Reuters) - A unit of Chinese

technology company Xiaomi ( XIACF ) won a land tender in

Beijing's Yizhuang area with a bid of 635 million yuan ($88

million) on Thursday, according to the municipal planning and

natural resources commission.

The site with an area of 485,134 square metres will be used

for a smart connected car and components project, the

commission's website said. The tender for the 50-year land deal

began on June 5.

($1 = 7.1869 Chinese yuan renminbi)

(Reporting by Qiaoyi Li and Brenda Goh; Editing by Emelia

Sithole-Matarise)