The Xiaomi Mi 5 smartphone is expected to arrive in two variants. One would be rolled out as regular edition whereas the other one would be a premium device.

One of the editions of the Xiaomi Mi 5 will be arriving with a 5.2-inch screen. It will carry support for full HD resolution of 1920 x 1080 pixels. As far as the design of the handset is concerned, it will be sporting 2.5D curved glass on both rear and front sides, Giz China reported.

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It will be powered by Qualcomm Snapdragon 820 SoC and 3 GB of RAM. The inbuilt storage of this device will be 32 GB.

The other variant is dubbed as Xiaomi Mi 5 Plus as it is expected to feature premium features. First of all, this variant will be arriving with a unibody metal design. Like the regular model, it will also sport a 5.2-inch display. However, instead of full HD resolution, it will carry support for Quad HD resolution.

The alleged Mi 5 Plus will be powered by Snapdragon 820 chipset. It will be supported by 4 GB and is expected to arrive with a native storage of 64 GB, International Business Times reported.

The remaining specifications of the Xiaomi MI 5 include a rear-facing camera of 16 MP. It will arrive with Optical Image Stabilization feature. The front is likely to feature a 13 MP.  The physical Home button placed below the display will come embedded with a fingerprint sensor.

Both the variants are expected to arrive preinstalled with Android 6.0 Marshmallow OS that will be overlaid with Xiaomi's MIUI 7.0 UI. It will be packed with a battery of 3600 mAh capacity.

In the past too, the rumor mill has been suggesting that Xiaomi will be launching two editions of Mi 5, a regular model with Xiaomi Mi 5 moniker and a premium variant that will carry Xiaomi Mi 5 Plus moniker. However, the Chinese manufacturer has not revealed any information of its much awaited flagship smartphone.

The Xiaomi Mi 5 release date has not been revealed yet. However, the rumor mill is claiming that that the Mi 5 smartphone will be announced as early as Jan. 21. It is speculated to be available for purchase from Feb. 8.