Xiaomi MI 3
Xiaomi is tipped to officially set foot in India this week; new smartphones launch is also expected.Xiaomi India Facebook page

Chinese consumer electronics giant Xiaomi is all set to formally enter the Indian market with the launch the new Redmi and Mi series smartphones next week.

Xiaomi has teased a poster (via Facebook) of the three devices - one Mi3 and two unnamed smartphones (with big '?' symbol covering the whole display) - leaving fans to guess the mystery devices, which are expected to debut at the company's official launch in New Delhi on 15 July.

According to AndroidOS.in, the two mystery smartphones are understood to be Redmi 1S (aka Hongmi 1S) and Redmi Note.

Xiaomi Redmi 1S is a mid-range smartphone. It sports a 4.7-inch HD (1280x720p) IPS LCD screen with Gorilla Glass 2 shield and ships with the Android Jelly Bean OS (with custom MIUI), 1.6GHz Snapdragon CPU, 1GB RAM, 8GB inbuilt memory (expandable up to 32GB) and a 2000 mAh battery.

On the other hand, Xiaomi Redmi Note is a phablet with a mammoth 5.5-inch HD IPS LCD screen. Under the hood, it comes packed with Android OS, Octa-core processor, a 13.0-megapixel camera, a 5.0-megapixel snapper on front and a high-capacity 3200 mAh battery.

And as far as Xiaomi Mi3 is concerned, the company has already revealed that the device will hit the stores on 15 July for ₹14,999 (for more information, click here). And going by the phone's specifications and its competitive price tag, Mi3 is set to shake the Indian smartphone market with seismic waves, expected to be much bigger than Motorola Moto G.

The ripple effect will be felt by not only the domestic players (Micromax, Karbonn, Lava, etc. ) but also the high-end MNC brands like Motorola Moto X, Google-LG Nexus 5, Samsung Galaxy S5, HTC One M8 (& M7), Sony Xperia Z2 (& Z1) and others.

Xiaomi comes with a reputation of being China's answer to Apple Inc. Its market share in the neighbouring country has risen to 10 percent (courtesy, PC World) within 3 years of entering the business, and now the company has set its eyes on India, the world's third biggest smartphone market.

The company's 15 July (Tuesday) event is said to be presided by top international technology honchos, starting with Xiaomi co-founder & president Bin Lin, global head & vice-president Hugo Barra (former Google's Android division, vice-president and product spokesman) and the country head Manu Jain (Jabong co-founder).

Check out the official Xiaomi video detailing Mi 3 features:

Key specifications of Xiaomi Redmi 1S and Redmi Note:

Models Xiaomi Redmi 1S Xiaomi Redmi Note
Display 4.7-inch HD (1280x720p) IPS LCD screen with Gorilla Glass 2 shieldPixel density: close to 312 ppi (pixels per inch) 5.5-inch HD (1280x720p) IPS LCD screenPixel density: close to 267
OS Android v4.3 Jelly Bean with custom MIUI Android v4.2 Jelly Bean with custom UI
Processor Qualcomm Snapdragon series quad-core CPU with 1.6GHz Expected to feature MediaTek Octa-core processor with either 1.4GHz or 1.7GHz CPU speed
GPU Adreno 305 Mali-450MP4
Storage capacity 8GB, expandable up to 32GB 8GB, expandable up to 32GB
Camera Main: 8.0-megapixel camera with auto-focus, LED flash, HDR,Front: 1.3-megapixel camera Main: 13.0-megapixel camera with auto-focus, LED flash, HDRFront: 5.0-megapixel camera
Battery 2000 mAh (Li-Polymer); 3200 mAh (Li-Polymer);
Network 2G & 3G 2G & 3G
Add-ons Dual-SIM slots, Bluetooth v4.0 (with LE, A2DP), micro-USB v2.0, GPRS/EDGE, microSD card slot, Dual-SIM slots, Bluetooth v4.0 (with LE, A2DP), micro-USB v2.0, GPRS/EDGE, microSD card slot,
Dimensions 137.0 x 69.0 x 9.9 mm 154.0 x 78.7 x 9.5 mm
Weight 158 g 199 g