Xiaomi Mi 5 Tipped to Launch in 4 Variants on February 24

According to the new details, the Xiaomi Mi 5 will launch with two all-metal variants, and two glass variants. The first metal model is tipped to pack 3GB of RAM and 32GB inbuilt storage, and be priced at CNY 2,199 (approximately Rs. 22,500), while the second metal model is said to feature 4GB of RAM and 64GB storage priced at CNY 2,599 (approximately Rs. 27,000). The first Mi 5 glass model is said to feature a 2K QHD display with 4GB of RAM and 32GB storage, while the second glass model will only pack more storage - 64GB. These glass models will be priced at CNY 2,799 (approximately Rs. 29,000) and CNY 3,099 (approximately Rs. 32,000).

The details were shared by a China-based tipster and first picked up by GizmoChina.

Xiaomi's Mi 5 is one of the most anticipated flagship smartphones for the company as a lot rides on the success of the device. Recently, the company announced that it had shipped over 70 million phones in 2015, which was below the company's expectations. The Xiaomi Mi 5 has also been confirmed to feature Qualcomm's latest Snapdragon 820 processor.

Earlier, the Chinese company had also revealed that the Mi 5 entered mass production and the company was making sure that there are enough units available for consumers when the phone finally launches.

Based on preliminary leaks, the Mi 5 is said to feature a 5.2-inch display with either full-HD or QHD resolution. The handset is said to come in two memory and storage versions - 3GB of RAM with 32GB inbuilt storage, and 4GB of RAM with 64GB storage. On the camera front, the Mi 5 is rumoured to pack a 16-megapixel rear camera and a 13-megapixel front-facing camera. It is also supposed to be backed by a 3600mAh battery with Quick Charge 3.0 tech. The handset is said to run MIUI 7 based on Android 6.0 Marshmallow.