Xiaomi was founded in June 2010 and released their first Miui ROM in August 2010. One year later, August 2011, they showed their first smartphone the Mi1 or Mi One. The phone was released with Android 2.3 and Miui V3. This phone received more than 3 years of software updates from Xiaomi. The latest update was released on 5 December 2014 and was based on Miui V5. Xiaomi has managed to become one of the biggest brands in 2014. They have sold (almost) as many phones as Huawei and Lenovo (Motorola)