Xiaomi Redmi Note 2
Three models of China's Xiaomi Mi phones are pictured during their launch in New Delhi July 15, 2014. China's Xiaomi said it intends to invest heavily in India as the budget smartphone maker launched on Tuesday its flagship Mi phone and other products in the world's third largest smartphone market, currently dominated by Samsung Electronics Co Ltd. REUTERS/Anindito MukherjeeREUTERS/Anindito Mukherjee

Photos of the eagerly awaited Xiaomi Mi5 have surfaced online, revealing that the device will sport a smaller screen, and not the 5.2-inch one as anticipated.

Technology blog Gizmo China has got hold of two images of the Xiaomi Mi5's front panel, and claims the screen size is 5 inch. It also shows that device features curved corners, an oval-shaped space at the bottom and a speaker grille with small circular cavity to the right side. Many believe the empty space at the bottom to be the home button module, which is expected to house a finger-print sensor, whereas the small hole on top is said to house the front camera.

However, the images do not give any clue on whether the display will be QHD (2560x1440p) or full HD (1920x1080p). But we believe Xiaomi Mi5 will boast the former, as QHD is now the norm for flagship devices in the smartphone industry. [Check out the Xiaomi Mi5 images, HERE]

Other expected features of Xiaomi Mi5:

As per previous reports, Xiaomi Mi5 will house Qualcomm's latest Snapdragon 820 quad-core processor, 4GB RAM, 64GB inbuilt memory, 16MP primary camera on the rear-side and a 5MP snapper on the front. 

Xiaomi Mi5 is expected to get launched on 21 January. Stay tuned for more updates.

Expected features of Xiaomi Mi 5:

Model Xiaomi Mi 5
Display 5.0-inch QHD display with 2560x1440p resolution
OS Android 6.0 Marshmallow
Processor Snapdragon 820 series quad-core processor
GPU Adreno 530
Storage 32GB/64GB
Camera Main: 16.0-megapixel camera with dual-LED flash, PDAF (Phase Detection Auto Focus)Front: 5.0-megapixel wide-angle camera
Battery 3030 mAh
Network 3G-LTE
Add-ons Advanced 3D finger-print sensor, 3D Touch display sensor, USB Type-C port, Wi-Fi, Bluetooth v4.1