Xiaomi Mi-Pad Release Date, Pricing: Performance To Match iPad Mini
Xiaomi LogoReuters

Earlier on Thursday, many were expecting Xiaomi to unveil the new Mi 5 smartphone at the special launch event in China. Instead, the company showcased its new line of Mi TV 2S smart televison, Mi water purifier and smart shoes. Now, a report has emerged that the Mi 4 successor will make its debut next month.

Chinese technology blog, Mobile Dad, citing sources has claimed that Xiaomi will hold an annual company conference on 5 August, where it plans to pull the wraps-off the new Mi 5.

Xiaomi Mi5 is said to sport a 5.2-inch QHD (2,560 x1,440p) display with Gorilla Glass 4 shield and ship with Snapdragon 810 Octa-core CPU, 16mp main camera, 13mp snapper on the front and a 3,000mAh battery. It is expected to be priced at ¥2,399 (around $386/€350/₹24,575).

Also read: Metal-Clad Ultra-Slim Xiaomi Mi TV 2S, Mi Water Purifier Launched in China; Price, Specifications

Word on the street is that Xiaomi is also planning to unveil a phablet model dubbed Mi 5 Plus. It is expected to sport a 5.7-inch QHD screen and run on the latest Qualcomm Snapdragon 820 series processor backed by 4GB RAM.

Read more: Xiaomi and Li Ning Unveil Li-Ning Smart Shoes

Though the features of Xiaomi Mi 5 Plus looks enticing, there are doubts over the product's existence because the company already boasts of flagship Mi Note series in its device portfolio. Thus, it is assumed that it would be unwise for the company to launch another premium phablet.

For now, we can only vouch for Xiaomi Mi 5 to make its debut in August considering the fact that its predecessor Mi 4 was unveiled in July, exactly a year ago and got released in August 2014.