Xiaomi

The official website of the mi.com company reports that there is no canonical decoding of the first two letters in the name. MI can be defined as a simple combination of “Mobile Internet” or the more ambitious “Mission Impossible” – referring to the difficulties that Xiaomi has challenged. But there are many other interpretations. There is no intrigue in the second half of the UI name – it’s the User Interface.

Xiaomi with the help of MIUI did not plan to take over the world, but only to make a mobile system with analogues of Google services, which at that time did not work in China. So with an emphasis on import substitution, they managed to easily find funding from Singapore’s state-owned investment company Temasek Holdings, several private venture capital funds in China and from Qualcomm.