These Xiaomi smartphones won't get any update after receiving MIUI 9

Xiaomi Redmi 4

And by the end of 2018, most of the Xiaomi smartphones released in recent times will receive the MIUI 9 Global Stable ROM, and in early 2018, all Xiaomi smartphones will receive the update. Shunwei Capital was founded in 2011 by Lei Jun and Tuck Lye KOH, and has invested in mobile internet and IoT companies such as Xiaomi, self-balancing scooter Ninebot, 17zuoye, video streaming service provider iQiyi, Renrenche, 51Talk, Aiyibang, Misfit, and Xiaomi's real-time video call provider Agora.io.

Xiaomi hopes to replicate the company's investment experience in China to India.

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The device is expected to feature a 5.5-inch full HD display with 401 ppi (pixel density), a Qualcomm Snapdragon 636 processor, an Android Nougat-based MIUI 9 OS, a 3GB/4GB RAM, and a 32GB/64GB internal storage.

Lei told the newspaper, "In China, in the past four years we've invested $4 billion in over 300 companies". But the product he was talking about may not be the much-hyped Redmi 5 or the Redmi Note 5, as they are not rural-centric smartphones as such. That is the Xiaomi business model. "We've reached just a huge scale in seven years because of this partnership/affiliation model".

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Xiaomi has been termed as one of the most valuable tech companies around the world.

The investment will be made in association with Xiaomi's sister firm Shunwei Capital in areas such as content, fintech and hyperlocal services. As long as it is related to acceleration of mobile internet.

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As it continues to assert its place in the mobile marketplace, Xiaomi is now turning to India to build a strong app ecosystem. It has already sharing the No 1 spot with Samsung and has considerable following in the urban area thanks to its affordable devices. India is Xiaomi's biggest global market outside China, where it sells a variety of products which includes headphones, speakers, watches, air purifiers and others. "We only plan to take a minority stake in order to work closely with these companies", Lei Jun, CEO of Xiaomi said. The company is already selling its phones in around 60 countries and had last raised equity capital at a valuation of United States dollars 40 billion in 2014.

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