Latest Xiaomi Mobile Phones in india: Xiaomi Inc. is a privately owned Chinese electronics company, co-founded by eight partners on April 6, 2010 and has its headquarters in Beijing, China. Xiaomi designs, develops, and sells smartphones, Tablets, mobile apps and other consumer electronics like set top boxes, fitness bands, power banks, air purifiers, webcams etc. On August 16, 2010, Xiaomi officially launched its first Android-based firmware MIUI, which is based on Android and resembles Samsung's TouchWiz and Apple's iOS. The Xiaomi Mi1 smartphone was announced in August 2011. To cut down overhead costs and to pass on that benefit to the customer, Xiaomi does not own a single physical store and instead sells exclusively from its own online store.