Xiaomi has just slashed the official price of the Xiaomi Mi5 flagship that was announced back in February. After more than six months, the company has now decided to cut down the price tag of its flagship model by 200 Yuan ($30). The slashed prices are applicable for all the three models, including the Xiaomi Mi5 Pro.

In case you are wondering, here is the new pricing for the Xiaomi Mi5 models in China: Xiaomi Mi5 Standard Edition with 3GB RAM + 32GB ROM now retails at 1799 Yuan ($272), Mi5 high version with 3GB RAM + 64GB ROM retails at 2099 Yuan ($316) and the Xiaomi Mi5 Pro with 4GB RAM + 128GB ROM retails at 2499 Yuan ($377).

These reduced prices should translate into cheaper international reseller pricing. We expect resellers like OPPOMART to reflect the reduced prices in the coming days. So, if you were planning to purchase a brand new Mi5 from China, this could be the ideal time.

Meanwhile, Xiaomi also has silently slashed the price tag of the Redmi 3X model (powered by SD430) that was announced a few months back. To recap, the 3X is exactly like the Redmi 3S with same specs, but it’s is exclusive to China Unicom. The model now retails for 799 Yuan ($120), down by 100 Yuan. If you are interested, check out our launch coverage. The phone is also available for purchase on Gearbest, but it might take some time to reflect the new pricing on the retailer website.

In related news, Xiaomi Mi Note is also being promoted heavily on JD.com, with prices starting at just 1099 Yuan ($165), which is an amazing price considering this was quite a capable flagship of 2015. If you want to recap the specs of the Mi Note, check out this article. Or better check out the specs down below. Please note that the new Mi Note 2 flagship launch is just around the corner, but it will be costlier and much more powerful as compared to the Mi Note.

Mi Note Specs:

• 3D curved Gorilla Glass 3 with metal frame
• 5.7-inch 1080p Sharp/JDI Full HD display (95% NTSC, 1400:1 contrast ratio)
• Snapdragon 801 2.5GHz, Adreno 330, 3GB LPDDR3 RAM
• Dual 4G SIM (micro/nano), Dual Standby
•  Sony 13MP camera f/2.0, Optical Image Stabilisation (OIS)
•  4MP front camera with large 2-micron pixels
•  Hi-Fi audio system, 24-bit/192KHz lossless playback support
•  3000mAh 4.4V lithium-ion battery, Quick Charge 2.0

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Xiaomi Mi 5 is confirmed to launch on February 24, which is just a few weeks away. Like tradition, Xiaomi and its executives have taken turns to reveal some of the features of the flagship, essentially confirming the specs that we will find on the device.

Today, we take a look at those specs, which have been officially confirmed by them. So, when the Xiaomi Mi 5 launches on February 24, we know what to expect from the smartphone. Given that its executives have teased various features from the start of the year, we know quite a bit about the upcoming device.

1. CPU: Snapdragon 820

Before January, we hoped that the Xiaomi Mi 5 came with the latest quad-core Qualcomm Snapdragon 820 processor, which has managed to impress us so far in terms of performance.

Thanks to its Senior Vice President, Liwan Jiyang, we now know for sure that we will see this high-end chipset inside the device. Early January, he confirmed the CPU, which was soon reconfirmed by the CEO Lei Jun.

2. Screen Resolution: 1920 x 1080p

Yesterday, Liwang confirmed yet another feature on the Mi 5 flagship, i.e. the screen resolution. Stating that 2K displays use up a lot of battery, he revealed that the company has decided to stick with FHD 1920 x 1080p resolution for the upcoming flagship smartphone. This is actually a great decision in my opinion since the screen size (not confirmed yet) is said to be only around 5-5.2-inches. Also, the phone will come with some high-end technology for its display, according to Liwang.

3. NFC

Xiaomi has finally decided to bring back NFC on its new flagship. In a screenshot posted by Lei Jun a few days back, we could see a large N symbol on the taskbar which basically confirms NFC on the device. Today, Liwang further confirmed NFC on the Xiaomi Mi 5 flagship via his official Weibo page.

NFC was a feature left out from the Mi 4, disappointing some fans. At the time of launch in 2014, Xiaomi’s CEO Lei Jun explained that the company decided to give up on the feature because only 1% of the consumers used NFC. But looks like the company believes that the feature is still needed for its users.

4. Dual SIM Slots

Although not a surprise, but we know for sure that the Xiaomi Mi 5 will feature dual SIM, thanks to the screenshot posted by the CEO.

5. Launch Date: February 24

Well, this is not exactly a feature, but we know for sure that we will meet the Xiaomi Mi 5 flagship on February 24 at the company’s Spring Launch event.

We also know for sure, thanks to Global VP, Hugo Barra, that the phone will be showcased at one of the world’s largest tech expo, MWC (Mobile World Congress) in Barcelona, Spain.

So, these were all the features and information that we know about the Xiaomi Mi 5 confirmed by the company. Expect a lot more information about the flagship in the coming weeks before the official launch on February 24.

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