Xiaomi is preparing a new upgraded version of its flagship Mi4, the Mi5.

Xiaomi Mi5

According to the report of industry analyst, Sun Changxu, some of the core specifications and its pricing revealed online.

The Xiaomi Mi5 is said to be featuring a 5.7-inch quad-HD display, will be powered by a Qualcomm Snapdragon 810 quad-core processor, and paired with an Adreno 430 GPU. The device will also feature a fingerprint sensor, but will be priced at only 1,999 Yuan (Roughly Rs 20,000).

Its hard to believe the pricing is so less, in comparison of the latest flagship Mi4.  Current price of Mi4 is China is about 27,000 INR.