Zee Media Bureau
Chinese smartphone maker Xiaomi might soon surprise its handset lovers by launcing yet another phone in the Mi series next week.
As per reports leaked in the media, Xiaomi might launch the Mi 5 in Chinese markets on January 15. Though the phone will not be rolled out in other countries other than China now.
Some reports also say that the new smartphone will be very thin at 5.1mm thick. The Mi 5 will reportedly be powered by Snapdragon 810 64-bit processor clubbed with 3GB of RAM.
Earlier this week founder of Xiaomi Lei Jun told the Chinese-organised World Internet Conference, "In the next five to 10 years, Xiaomi has the opportunity to become the world`s number one smartphone company."
In less than five years, the Chinese company has become the world`s number three smartphone vendor, behind only Apple and South Korea`s Samsung, shipping 17.3 million phones in the third quarter of 2014, according to International Data Corp (IDC).
Xiaomi claims sales of more than 61 million smartphones last year, up 227 percent from 2013, with turnover more than doubling to $12 billion.
Xiaomi`s high-end Mi 4 lists for $410 with 64 GB of memory, less than half the $998 Chinese retail price of a comparable Apple iPhone 6. Its newly-launched Redmi 2 budget model is only $115.
Xiaomi has launched products outside mainland China in Hong Kong and Taiwan, as well as Southeast Asia, but the company suffered a setback in India.
In December, Sweden`s Ericsson won a court order blocking sale of Xiaomi devices in India over patents, Bloomberg News reported.
With Agency Inputs
