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Xiaomi Inc.  ( Chinese Mandarin: [ɕjàumì] ( listen ) , Chinese : 小 米 科技 ; pinyin : Xiǎomǐ Kējì , literally " millet technology";  English pronunciation: / ˌ ʃ i aʊ ˈ m iː / or / ʃ i ˌ aʊ ˈ m iː / ) is a privately owned Chinese electronics company headquartered in Beijing . It is the world's 4th largest smartphone maker.  Xiaomi designs, develops, and sells smartphones , mobile apps , laptops , and related consumer electronics . 
Xiaomi Mi 5 is equipped with the just launched Qualcomm Snapdragon 820 with 64 bit computing and 8 CPU cores (4 Cortex-A57 and 4 Cortex-A53 cores). This processor is designed for most advance mobile user experience, that includes streaming Ultra HD 4k videos, best quality photos along with great battery life.
The Xiaomi Mi 4 (Chinese: 小米手机4) is a smartphone developed by Xiaomi Inc. It is part of Xiaomi's high-end smartphone line, and was released in August 2014. Xiaomi held an event to formally introduce the high-end phone , and its complementary smart-accessory, the Xiaomi MiBand , during the Xiaomi New Product Launch Event 2014 on 22 July 2014.