People stand near a logo of Xiaomi ahead of the launching ceremony of Xiaomi Phone 4, in Beijing, July 22, 2014.REUTERS/Jason Lee

Xiaomi appears to be gearing up to release the Mi Note 2 now that the Redmi Note 4 has been released in China. The new handset is reportedly coming more than a year after its predecessor was released.

The Chinese technology giant is keeping silent on the Mi Note 2 but reports have claimed that it will be announced on Sept. 5.

Interestingly, a report by GizChina has claimed that the device will come in four variants. Leaked images of the purported device have hinted that the Mi Note 2 will be seen in flat screen and curved display running Xiaomi MIUI ROM operating system. The renders also has a fingerprint scanner and dual rear cameras.

It was earlier reported that that Mi Note 2 will come in two variants, one with a 64GB internal storage and 4GB RAM priced at 2,499 Yuan, and the other with a 128GB internal memory and 6GB RAM priced at 2,799 Yuan. The specifications of the handset are expected to be more powerful than the Mi 5.

Several reports have suggested that the Xiaomi Mi Note 2 will have a metal body, a fingerprint sensor, a Force Touch support, a 5.7-inch 2K dual curved display, a Qualcomm Snapdragon 821 processor, and an Android 6.0.1 Marshmallow operating system. It is also expected to feature a 64/128GB internal memory, a 4/6GB RAM, a 12MP dual camera, and a 3,600mAh battery with Quick Charge technology.

It may be noted that the Xiaomi Mi Note that was released in January last year measures 155.1x77.6x7 mm in dimension, weighs 161 g, and sports a 5.7-inch IPS LCD capacitive touchscreen with 1,080x1,920 pixels (386 ppi pixel density). Under the hood, it has a Qualcomm Snapdragon 801 processor, an Android 4.4.4 KitKat operating system, a 16/64GB internal memory (no microSD card slot), a 3GB RAM, a 3MP main camera with f/2.0 aperture, OIS, autofocus and dual-LED (dual tone) flash, a 4MP front-snapper with f/2.0 aperture, 1/3'' sensor size and 2µm pixel size, and a 3,000mAh battery.