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What does calibrate battery mean ?
Calibration is a process through which you completely discharge and then fully charge the battery. HOWEVER, doing this too often to Li Ion batteries is not recommended, as it affects their capacity:
/t5/Xperia-Z3/Battery-Calibration/m-p/1029058#M22627
/t5/Xperia-Z2/Battery-calibration-after-Lollipop-update/m-p/984983#M27923
http://forum.xda-developers.com/showthread.php?t=2192948
As far as I know, it is not. But some recommend it, which means it is up to you to document on this and choose for yourself.
LIPOs are tricky but does not retain memory like ni-mh batteries, which have to be fully discharged to avoid early depletion.
You might fully discharge the battery once a month or more, but it is not really important.
What really matters is that you don't let the battery drop under 50% because the charge will be accounted as one full cycle: at that point let it discharge, then recharge.
The best use is to recharge to 100% everytime you can. Like: commuting to work, recharge, leave office, recharge, have breakfast, recharge, get back home, recharge. In this way you will spend more days before scoring a full charging cycle.
A really good quality LIPO should hold at least 80% of charge over 1000 cycles. Apple and Nokia used to be that way.