Xiaomi has built a reputation of unveiling new models in a series just months after it’s been updated. We recently saw the Redmi 3S and 3X models released in China, and now, it looks like the company is preparing the launch of the new Redmi 4 model already. Even if the release may not be very soon, at least a working Xiaomi Redmi 4 prototype has leaked online, giving us some insight on the possible specifications of the device.

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The alleged Redmi 4 model comes with a metal body, quite similar to the Redmi 3. There seems to be 2.5D glass up front, but the rest of the design is familiar. The speakers are located at the bottom and the phone comes with single camera sensor at the back with fingerprint sensor just below.

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As for the specs, the Redmi 4 will reportedly come with an octa-core processor clocked at 2GHz, which should most likely be the Helio P10 chipset. There will be 2GB of RAM on board and 16GB of internal storage. It’s running on MIUI 8 OS based on Android 6 Marshmallow.

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If this is indeed the Redmi 4, then specs and design wise, the phone takes the budget Redmi model to a whole new level. Helio P10 powers mid-range flagships in the market today and having the same processor inside a super cheap 699 Yuan ($106) smartphone would be just plain amazing.

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Let’s hope we get more details about the handset pretty soon.