Xiaomi is working on a $64 Android-based set-top box called MiBox 

Xiaomi is a young company that made a name for itself with affordable, feature-rich Android phones but is branching out now. Its new product is called the Xiaomi MiBox, an Android-based set-top box. The set-top box will have access to 30,000 movies and TV shows (the source of the videos is unknown). The MiBox will also play Android games, including Plants vs. Zombies, and will feature Douban Music support.The MiBox hooks up to the TV using a standard HDMI cable and has an Ethernet port for Internet connectivity and a USB port for connecting external storage. There’s a remote control in the box, but you can also stream content from your Android or iOS phone (AirPlay is supported too).