The Chinese smartphone giant Xiaomi has announced that the company is all set to make a major announcement on the 16th of July this month. The invites for the event are said to be already out and the latest teaser shows that we can expect a slim handset to be announced. Since past few days with many rumors going on around relating to the Xiaomi Mi5 and the Mi5 Plus.
However, some of the previous reports have also hinted the arrival of Xiaomi Mi5 to be coming as late as November but now it might be possible that the announcement is not so far but just later this week. Previously leaked specs for the two handsets show a Snapdragon 810 chipset to its core, a 3GB of RAM memory, either a whopping 16MP/13MP front facing secondary camera, the latest Android 5.1 Lollipop on-board and an excellent battery back-up of 3000mAh.As always Xiaomi is expected to have a competitive pricing for the device with $386 as speculated by the industry sources.