Xiaomi has already started preparing for the launch of its Xiaomi Mi5 and Mi5 plus flagship smartphones The company have been working on the Xiaomi Mi5 and Mi5 Plus even before the Mi4 launched according to Xiaomi blog.
Reportedly, Xiaomi Mi5 and Mi5 plus will be equipped with the latest Qualcomm Snapdragon 820, CPU : Quad-core 2.2 GHz & quad-core 1.8 GHz, And 4 GB Ram , There are also speculations that Xiaomi is working on Touch ID and water resistant Xiaomi Mi5 and Mi5 plus. The upcoming models of Xiaomiare rumoured to be priced at around $399 in the US. Moreover, it is reportedly to be released around fourth quarter of this year.
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