Xiaomi Redmi 2 could be one of the first devices which would offer octa-core processor at a very competitive price of $130.

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The Xiamoi Redmi 2 famously known as Hongmi would feature a 5.5” 720p display, microSD slot of upto 32GB, 1GB RAM and a 1.7GHz octa-core CPU from MediaTek or a lesser clocked 1.4GHz Snapdragon chip. It will also have a 13MP/5MP camera. The Snapdragon version will have a Cortex A53 architecture with 4G support.

Will also such high-end specs included in the smartphone, it will certainly be one the strongest competitors in China’s smartphone emerging market.