The new Steve Jobs

Xiaomi  is a Chinese based company founded by Lei Jun( image ) .

With the headquarter in Beijing ,  Xiaomi makes MI-One Smartphones wich are  quite popular in china .  MI-One runs on Android  and a 1.5 Ghz dual-core processor from Qualcomm .   

Memory	1GB RAM
Storage	4GB ROM
Battery	1930mAh

the company announced a partnership with Chinese telco China Unicom. The plan was to offern one million custom Mi-one models at 2699 RMB ($421) at Unicom stores on various two to three year term contracts.