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After Xiaomi CEO Lei Jun promise that the Mi 5 will be worth the wait, there have a number of rumours flouting about the Mi 5 in the global market.

However, as per the latest leaks, the Xiaomi Mi 5 will sport a 5.5 inch screen with 2K 1440 x 2560 pixels resolution.

The Mi 5 will operate on the Android 5.1 based MIUI 6 processor, coupled with the recently launched 2.5 GHz Qualcomm Snapdragon 820 chipset along with a 4 GB of RAM.

On the media front of the phone, the Xiaomi Mi 5 will feature a 20 mega pixels primary camera and a 8 mega pixels secondary camera, and would be available in 16 GB, 64 GB, and 128 GB storage options to the users. The phone is powered by a 3,800 mAh battery.

It is rumoured that the Xiaomi Mi 5 would be priced at a range of approximately $599.