Xiaomi has recently confirmed that its new flagship device would be unveiled in January 2015.
The Specifications of Xiaomi Mi5 are as follows:
5.5 inch Full HD (1280 x 720 pixels) resolution
Android 5.0 Lollipop
2.6GHz Octa-core 64 bit Snapdragon 810 processor and 3GB of RAM
16 GB internal memory, expandable memory up to 32GB
20MP auto focus rear camera with LED Flash, Full HD video recording
8MP front-facing camera
Dual-SIM (with dual standby), 3G HSPA+, 4G LTE
Wi-Fi 802.11 b/g/n, Bluetooth 4.0, A-GPS, FM Radio, and 3.5mm audio jack
3,500 mAh battery
Please pay attention to Geekbuying.com, and we would update it ASAP once Xiaomi Mi5 come out!