Like tradition, Xiaomi is teasing many features of the upcoming Xiaomi Redmi 3 budget smartphone before it’s launch tomorrow. However, this time around, the company and its executives have given away almost everything about the smartphone. Today, Lin Bin, Xiaomi’s co-founder confirmed that the Redmi 3 will be priced at 699 Yuan ($106).

Given the placement of the Xiaomi Redmi 3 and the pricing strategy followed by the company for its previous budget smartphones, we were estimating the phone to be priced at around $100. But with co-founder confirming the price tag of 699 Yuan, there’s hardly any surprises left about the device.

Apart from the price tag, Xiaomi has also confirmed that the phone will feature a large 4100mAh battery. This makes the device a killer deal in its price segment, as there are hardly any 5-inch phones out there that can boast of such a large battery. Moreover, you don’t have to worry about the phone being too thick as it will reportedly be just 8.5mm thin.

As for the battery life, Xiaomi CEO Lei Jun had said that according to his personal use, the phone last for two days easily and sometimes even for 3 days. Also, the phone is said to come with a pretty good standby time, as a recent screenshot from the CEO showed that the phone was still at 94% after 18 hours. Not bad for a budget phone that costs $105.

Other specifications confirmed by the company include Snapdragon 616 processor clocked at 1.5GHz, 2GB RAM, 16GB ROM with MicroSD card slot that supports cards up to 128GB, 13MP rear camera with PDAF that focuses in just 0.1 seconds, 5MP front camera, MIUI 7, dual SIM dual standby and an all metal body with a unique plaid design.

The Redmi 3 will reportedly come in, at least, two color options, silver, and gold. Both the colors have been revealed by the company in the recent teasers.

https://www.youtube.com/watch?v=r70ijsD_3Ic

The phone will be available for purchase starting tomorrow in China. Xiaomi is yet to reveal the availability details of the device in international markets like India.

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