Xiaomi Redmi Note 2
[Representative Image] A file phone showing three models of China's Xiaomi Mi phones displayed 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

The long-rumoured Xiaomi Mi5, which is likely to debut later this month, is expected in come in two variants, says a new report from the company's home market China.

Technology blog My Drivers, citing sources, has claimed that Xiaomi Mi5 will be launched in two models -- one with 2.5D glass shield front-and-back having metal-frame and full-HD (1080x1920p) display and another top-end version with full metal body and QHD (2560x1440p) screen.

Apparently both the Xiaomi Mi5 variants will sport the same 5.2-inch size display, but differ in terms of RAM and storage capacity. From what we have gathered, the full HD based phone will have 3GB RAM and 32GB inbuilt storage, whereas the high-end QHD Mi5 model is said to come with 4GB RAM and 64GB memory space. The remaining features are said to be the same.

It is learnt that Xiaomi Mi5 models will house 16MP camera on the rear-side, 13MP snapper on the front and a massive 3600 mAh battery with Quick Charge v3.0 technology.

Finger-print sensor is also confirmed to come packed in the home button, but it is yet to be ascertained whether it will be powered by Qualcomm's Snapdragon Sense ID 3D finger-print technology like Letv Le Max Pro or some other security system.

Read more: Key features of Snapdragon 820 and Snapdragon Sense ID 3D bio-metric security system

Earlier in the week, company co-founder Liwan Jiang, on Weibo, without detailing any specific date, confirmed that Xiaomi Mi5 will be released soon after the China's spring festival in February.

Word on the street is that Xiaomi Mi5 will actually be unveiled on 21 January and hit stores on the Chinese New Year of Monkey, 8 February.

Leaked specifications of Xiaomi Mi5:

Model Xiaomi Mi 5
  • Model 1: 5.2-inch QHD display with 2560x1440p resolution
  • Model 2: 5.2-inch full HD (1920x1080p) display with 2.5D Gorilla glass shield
OS Android 6.0 Marshmallow with MIUI 
Processor Snapdragon 820 series quad-core processor
GPU Adreno 530
  • Model 1: 4GB
  • Model 2: 3GB
  • Model 1: 64GB
  • Model 2: 32GB
  • Main: 16.0-megapixel camera with dual-LED flash, PDAF (Phase Detection Auto Focus)
  • Front: 13.0-megapixel wide-angle camera
Battery 3600 mAh with Quick Charge v3.0 technology
Network 4G-LTE
Add-ons Advanced finger-print sensor, 3D Touch display sensor, USB Type-C port, Wi-Fi, Bluetooth v4.1