Called Xiaomi Redmi Note, the new device reportedly features a 5.5-inch display with 720 x 1280 pixels and a “true octa-core” processor made by MediaTek.
The Xiaomi Redmi Note may cost as low as $162 (999 CNY). It looks like the handset will be available to purchase starting March 19 - only in China (at least for the beginning). Xiaomi will probably sell millions of these, further establishing itself as one of the new stars of the Chinese smartphone market.
sources: Xiaomi (Twitter), Weibo