Xiaomi Redmi Note 2
[Representational Image] File photo of China's Xiaomi Mi phones 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

Last week, Xiaomi, on Weibo, teased a graphic poster titled – "MI Dual 11", triggering rumours that the company might finally unveil the much awaited Mi5, but it never materialised.

It later turned out that the company, to commemorate 'Singles Day' in China, offered a one-day exclusive discount on its Mi and Redmi series of devices on e-commerce sites such as T-Mall, and Alibaba. This apparently led many to wonder whether Xiaomi Mi5 will be unveiled this year.

It's been more than a year and half since the Mi4 made its debut, but there is no word on when Xiaomi would unveil its successor.

Rumours were rife that Xiaomi had a disagreement with the company's chipset partner Qualcomm over payment of royalties for the 4G/3G modem technology and initiated talks with rival MediaTek to supply the new Helio X20 series Deca-core processor for the Mi5. This apparently delayed the unveiling of the Xiaomi new flagship phone on time.

Now, IHS market research firm head Kevin Wang, has categorically dismissed all speculations and has said that the Xiaomi Mi5 will indeed come with 64-bit Snapdragon 820 quad-core SoC (System on Chip).

He asserted that Qualcomm is one of the first firms to invest in Xiaomi's initial days and still maintains a good rapport with the Chinese company, reported Gizmo China.

Just hours after the report becoming public, Xiaomi Mi5's benchmark result surfaced online, confirming the presence of Snapdragon 820 processor.

Read more: Xiaomi Gemini aka Mi5 benchmark scores leaked

It is believed that Xiaomi Mi5 will get unveiled on 3 December and hit stores by the year-end or January 2016.

Read more: Xiaomi Mi5 release date, features, price details [what we know so far]

Expected features of Xiaomi Mi 5:

Model Xiaomi Mi 5
Display 5.2-inch QHD display with 2560x1440p
OS Android 6.0 Marshmallow
Processor Snapdragon 820 series quad-core processor
GPU Adreno 530
Storage 32GB/64GB
  • 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 4G-LTE
Add-ons Advanced 3D finger-print sensor, USB Type-C port, Wi-Fi, Bluetooth v4.1