Xiaomi unveils new flagship smartphone Mi 5February 24, 2016 - 18:55 AMT PanARMENIAN.Net - China's leading smartphone maker, Xiaomi, unveiled Wednesday, February 24 its new flagship device, the Mi 5, which it hopes will strengthen its hold on the world's biggest domestic market for handsets, the Associated Press reports. Staying with Xiaomi's strategy of undercutting global giants like Samsung and Apple, the Mi 5 aims to provide speedy processing and light weight at a relatively low cost. "This is basically ahead of the pack in many ways when it comes to flagship devices," Hugo Barra, Xiaomi's vice president of international operations, told The Associated Press after presenting the Mi 5 on the sidelines of the Mobile World Congress trade show in Barcelona. "You're looking at a third to a half of the price that you would expect to pay for another flagship device with similar capabilities." The Mi 5 comes in three versions. The Mi 5 Pro, with more memory and a ceramic body, will cost $413. The cheapest version will cost $305, AP says. They will go on sale in China on March 1. In India and "other countries" they will be available soon, the company said, without revealing launch dates. Xiaomi does not sell in the U.S. or Europe. Founded in 2010, Xiaomi led China in smartphone sales in 2015, shipping 64.9 million smartphones, or about 15 percent of the market, according to research firm IDC. The Mi 5 Pro has 128 GB of flash memory, 4 GB of RAM memory. The basic Mi 5 has 32 GB of flash memory, 2 GB of RAM and a glass body. All models include Qualcomm's new Snapdragon 820 processor, a 16 megapixel camera and a 5.15-inch screen with front fingerprint sensor. They will be available in black, white and gold. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Armenia to participate in key EU meeting for the first time ever National Assembly speaker Alen Simonyan has said that Armenia will for the first time participate in the Conference. U.S. reacts to Russia’s criticism of upcoming Armenia-EU-U.S. meeting Matthew Miller has weighed in on Russia’s criticism of an upcoming Armenia-EU-U.S. meeting. Lavrov sees ‘collapse’ of Russia’s ties with Armenia Russian Foreign Minister Sergey Lavrov has underscored heightened tensions between Russia and Armenia. Russia clarifying reports on Baku’s alleged arms supply to Ukraine Russia says is carefully working to verify reports about alleged arms supplies from Azerbaijan to Ukraine |