Xiaomi co-founder and president Bin Lin has revealed the price range of its new Mi 5 flagship smartphone in the Indian market. Lin indicated that Xiaomi Mi 5 will be priced between Rs 20,000 and Rs 27,000 at the time of launch. Lin also said that the company will not manufacture Mi 5 in India at least initially. Xiaomi also plans to launch two more devices in India this year. The company recently released the Redmi Note 3 budget phablet in the country.

Mi 5 Key features-

Display: 5.15-inch FHD display (1080 x 1920 pixels)
Processor: Qualcomm Snapdragon 820
OS: Android 6.0 Marshmallow, MIUI 7
Storage: 32GB, 64GB, 128GB (plus SD card)
RAM: 3GB-4GB LPDDR4
Camera: 16MP rear with 4-axis OIS, 4MP front; Sony IMX298 sensor
Battery: 3,000 mAh, QC3.0
Dimensions:69.2 x 144.55 x 5.12 mm
Weight:129g (with 3D glass back)
GPS: A-GPS, GLONASS, BDS
Other: USB-C, NFC
Colors: Black, white, gold

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