Xiaomi planning to unveil Mi5 next week

Xiaomi Mi5
Xiaomi has announced a July 16 event where the company is likely to reveal its flagship Mi 5 smartphone alongside the bigger variant Mi 5 Plus.
The Chinese company confirmed the launch event in a teaser post on Weibo and shared an image showing possibly the Mi 5 smartphone's side with letters "PK" imprinted in the middle of the image. The teaser invite confirms that the event will see a sleek smartphone launch; though at this point it is not clear whether the company will be launching the Mi 5 or another device.
Some of the preliminary leaks have suggested that the Xiaomi Mi 5 would be priced at CNY 2,399 (approximately Rs. 24,500). It is said to feature a 5.2-inch QHD (1440x2560 pixels) LCD display with Corning Gorilla Glass 4; a Snapdragon 810 processor; a 16-megapixel rear camera; a 13-megapixel front camera, and a 3000mAh battery. An earlier report also tipped that Xiaomi's Mi 5 flagship will come with a built-in fingerprint scanner.
Considering that lately several reports have pointed to an October- November launch timeline for the Mi 5 smartphone, it is also possible the recently spotted Xiaomi 'Libra' may be unveiled at July 16 event. Of course,we will have to wait till Thursday to see what Xiaomi has planned to launch

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