Xiaomi is planning to release the Mi5 sometime next month

The rumors have pointed toward an early 2016 launch for the Xiaomi Mi 5 for a while, but this has now been confirmed by one of Xiaomi’s co-founders, Li Wanqiang, on Chinese microblogging site Weibo. The Xiaomi Mi 5 is currently in mass production for a launch following Chinese New Year on February 8. We also now know for sure that the Mi 5 will be powered by the Snapdragon 820. So far all reports of the Snapdragon 820 have it being a huge improvement over the problematic Snapdragon 810, which crippled several of 2015’s major flagships. The Mi 5 will pack 4 GB of RAM and have 32 GB and 64 GB models. Other rumors about the Mi 5 include full metal construction, fingerprint scanner, QHD display, a 16 MP primary camera and massive 13 MP front-facing camera along with a huge 3,600 mAh battery featuring Qualcomm’s Quick Charge 3.0 standard. Interestingly, the Mi 5 is rumored to have a 5.2-inch display, cramming in a huge 565 ppi. Previously leaked price details have the device at the equivalent of $310 and $390 US dollars, but these prices are not yet confirmed. Do you think the Mi 5 will become the next “fastest phone in the world”? Would you buy the Mi 5 if if came to the States?