Xiaomi hasn't officially revealed anything about its upcoming flagship device, the Mi 5, but it has been in the news for a few months now. Initial reports had suggested that it would be unveiled in July before being pushed to September but that too never happened. Speculations on its release date have started doing the rounds again now that the company has released its Mi 4C.

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There are conflicting reports on the arrival of the Xiaomi Mi 5, with a section of the media claiming that it will come in November while others suggest that it may see the light of the day in December. So, it appears like it will be announced before the end of the year.

According to reports that have appeared so far, the Xiaomi Mi 5 is expected to come with a 5.2-inch QHD touchscreen and 2560 x 1440 pixels protected by Gorilla Glass 4. Under the hood, it is expected to have either Qualcomm Snapdragon 810 or Qualcomm Snapdragon 820 processor clocking at 1.8GHz, Android 5.1.1 Lollipop, with 4 GB RAM, 16 MP main camera with dual-LED flash and optical Image stabilization (OIS), 5 MP front snapper and 3000mAh battery. It is also reported that the device will feature fingerprint sensor and Type-C USB port.

However, it may be noted that the mentioned specifications are not confirmed.

Regarding the price of the device, Mobipicker has reported citing a Weibo post by popular tipster @Leaksfly that it will be priced the same as the Xiaomi Mi 4 at the time of its launch. 

The Xiaomi Mi 4 came with a price tag of around 1,799 Yuan (around $283) for the 2 GB RAM variant and $314 (1,999 Yuan) for the 3 GB RAM model when it was launched. @Leaksfly claimed that the Xiaomi Mi 5 will also be priced around $314.

Xiaomi fans will be delighted if the upcoming flagship device is priced the same as the Mi 4 in spite of several feature upgrades.