Xiaomi confirms its next flagship will be equipped with Qualcomm's Snapdragon 845 chipset

In case you're wondering, Qualcomm has just taken the wraps off its new Snapdragon 845 chipset during a Tech Summit held in Hawaii earlier today. However, not many details are available about the insides and performances of the new chipset, but we did catch some newsworthy information from the event.

Lei Jun, Xiaomi's CEO confirmed on the stage at the Snapdragon Tech Summit that the company's upcoming flagship smartphone will be powered by Qualcomm's Snapdragon 845 processor. He didn't name the device, but previous reports claim the flagship will be launched on the market as Xiaomi Mi 7.

Even if the Xiaomi Mi 7 will be initially introduced in China, we can safely assume that it will be available for purchase in select European countries and many other regions. As far as price goes, rumor has it the Mi 7 will be very cheap for a flagship smartphone: just $405.

So, there you have it, if you have the patience to wait for Xiaomi's next flagship until late Q1 or early Q2, then you'll be getting yourself a great device.