Xiaomi, a Chinese original equipment manufacturer, is now well-known for producing high-end devices with new technology, cool designs for just half of the price in comparison with other world famous producers, such as Apple, Samsung, HTC,etc. Fans all arounf the world are waiting for the upcoming generation of low-price but high-quality devices from Xiaomi.

Recently, a staff who works for the largest carrier in the world, China Mobile, has just spilled the beans on his Weibo account relating to Xiaomi’s next budget-friendly handset. And not only the specs of this new phone, this man also revealed a picture of the device that he has had for a while.

According to the China Mobile executive, this device will feature a 4.7-inch screen with a resolution of 720 x 1280. The handset will run on a quad-core Lead Core LCI LC1860C CPU (said to be five times faster) with the Mali T628 GPU crunching graphics. 1GB of RAM is inside and there is 8GB of internal storage. Despite having a low-price, a 13M camera is pinned on the nack of the phone and it supporst 4G LTE Cat.4 which allows a maximum download speed of 150Mbps. Previous rumor has it that this model just has a 2MP front-facing camera, microSD slot and Android 4.4.4 pre-installed.

While we are all concerned about the price pricing, we have to turn to another executive. Xiaomi CEO Lei Jun recently said that the company would not release a phonewhich costs as low as $64 USD. So we do have the ability to predict how much this model will cost. But that we can’t do now is to guess the exact period for the unveiling of this handset, or the official name of it.