Seeing that Xiaomi’s Mi series are its flagship-tier releases, it’s quite possible for the device to feature the latest high-end Qualcomm Snapdragon chipset. Other details such as its display and camera hardware is anyone’s guess until an official announcement.
If the rumour is accurate, this would be the first time for the brand to debut a flagship phone early in the year. Prior to this, Xiaomi usually targets the month of February to unveil its latest Mi smartphone in China or during the annual Mobile World Congress (MWC) event. A global launch will typically follow a couple of months after its Chinese launch.