Xiaomi's latest flagship, the Mi4, will sport a Snapdragon 800 processor and a 5.5 inch display, based on what has been widely circulating in the technology grapevine. Speculation is also high that the device could be launched before the end of this year in about 10 different countries.

Earlier announcement made by Xiaomi said its flagsip product will be available in countries such as the Philippines, Malaysia, Indonesia, Russia, Brazil, Vietnam, Turkey, Thailand, and India. Athough the announcement was made for the present Xiaomi Mi3 flagship, its successor is expected to follow the same route.

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Until the Xiaomi Mi4 is released officially, it remains a mystery whether or not it will beat the price of its predecessor. Though the device is yet to be released, it has already received many rave reviews regarding its specifications and looks.

The rumored Qualcomm Snapdragon 800 incorporated in the Xiaomi Mi4 is a powerful processor clocked at a high performance frequency of 2.46 GHz. This is the same processor used in the popular mobile phones such as HTC One and Samsung Galaxy S5.

The Xiaomi Mi4 will have 16GB of internal storage, 3GB of RAM, and a powerful 13 MP camera. The operating system provided with it will be Android 4.3 and the device will support 4G networks.

Xiaomi plans to sell about 40 million smartphone units by the end of 2014 and the Xiaomi Mi4 could be a crucial contributor to it. Also, since the company is planning to expand its reach from China, Singapore, Taiwan, and Hong Kong, the sales figures are expected soar.

According to Forbes, Xiaomi Mi4 will be cheaper than iPhone 5C and will have better specifications, adding that it will have a clearer screen and a better camera, too.

TagsXiaomi Mi4, Snapdragon