Best deals, exchange offers on mobiles on Amazon Great Indian Festival
Best deals, exchange offers on mobiles on Amazon Great Indian FestivalREUTERS/Jason Lee

Xiaomi held the first Mi 5 flash sale in China on March 1, but it ran out of stock within minutes.The company had reportedly received around 16.8 million registration for Monday's flash sale, but Xiaomi had not disclosed how many units were made available on the flash sale day.

My Drivers has reported citing a Taiwanese economic daily has revealed that there were only 4 million units in the inventory, four times lesser than the number of people registered for the flash sale. Taking note of the skewed supply-demand ratio, the company has asked supply partners Foxconn and Inventec to increase the phone production to meet the demand.

Read more: Xiaomi Mi 5 hit by shortage; fans, prospective buyers could be in for disappointment

With next sale scheduled for March 8, it remains to be seen how many units will be made available by the company.

In a related development, Xiaomi vice-president (global operation) Hugo Barra, while hosting the Redmi Note 3 launch event in New Delhi, announced that the flagship smartphone Mi 5 will be released in India next month.

Read more: Xiaomi Mi 5 India release details revealed

For the uninitiated, the new Xiaomi Mi5 series comes in three variants housing different storage and CPU configuration. The top-end model will be called Mi 5 Pro, which comes with Snapdragon 820 processor, 4GB RAM and 128GB inbuilt memory. Whereas, the other two variants ship with 2.15GHz Snapdragon 820+3GB+32GB and 1.8GHz Snapdragon+3GB RAM and 64GB storage.

Other specifications remain same in all the three models. They come with 5.15-inch full HD display and fingerprint sensor at the bottom, which also doubles up as the home button, latest Android Marshmallow OS-based MIUI v7.0, 16MP Sony IMX298 camera, 4MP snapper on the front, 3000 mAh battery with Quick Charge 3.0 technology.

Stay tuned for more updates.

Key features of Xiaomi Mi 5 series:

Models Xiaomi Mi 5
Display 5.15-inch full HD (1920x1080p) screen with curved 3D glass having low reflectivity, Sunlight and Night display technology
  • Luminosity: 600 nits
  • Pixel density: 428 ppi (pixels per inch)
  • (Note: Mi 5 Pro will boast Ceramic glass body)
OS Android v6.0 Marshmallow with MIUI v7.0
Processor Qualcomm Snapdragon 820 Quad-core CPU
GPU Adreno 530 GPU
  • Mi 5: 3GB LPDDR4
  • Mi 5 Pro: 4GB LPDDR4
  • Mi5: 32GB/64GB(UFS v2.0)
  • Mi5 Pro: 128GB (USF 2.0)
  • Main: 16MP Sony IMX298 camera with PDAF (Phase Detection Auto Focus), DTI (Deep Trench Isolation) technology, 4-axis OIS (Optical Image Stabilisation), Dual-tone LED flash, Qualcomm Spectra image processor (comes with Snapdragon 820), Sapphire glass lens, 4K video recording
  • Front: 2µm (micro-meter) pixel based 4MP camera
Battery 3000 mAh with Qualcomm Quick Charge 3.0 technology
Network 4G-LTE
Add-on Metal body, finger-print sensor, dual-SIM slots (type: nano), Bluetooth v4.2, Wi-Fi (802.11 a/b/g/n/ac), VoLTE (Voice-over-LTE), NFC (Near Field Communication), IR sensor
Dimensions 144.50 x 69.20 x 7.25 mm
Weight 129 g
Colours Black, gold and white
  • 1.8GHz Snapdragon 820+3GB+32GB:Â¥1999 (around $306/€279/Rs 20,965)
  • 2.15GHz Snapdragon 820+3GB+64GB: Â¥2299 ($351/€320/Rs 24,111 )
  • 2.15GHz Snapdragon 820+4GB+128GB (Mi 5 Pro): Â¥2699 (around $413/€376/28,307)