Xiaomi's next MIUI smartphone could come with 720p screen, quad-core CPU, $313 price tag

Xiaomi's next smartphone, the MI-2, may once again come with top of the line specs for a very reasonable price. That, in fact, is also the story of the Chinese company's first handset, the MI-1. This device has been selling in batches online only ever since last August. All these sales have been extremely successful. At one point, Xiaomi sold 150,000 smartphones in 13 minutes.

But obviously there has to be a new Xiaomi handset on its way. The company aims to release one new product per year, keeping with its tradition of packing the latest hardware in an unbelievably cheap phone.

Unwired View , Xiaomi's next MIUI smartphone could come with 720p screen, quad-core CPU, $313 price tag, Xiaomi's next MIUI smartphone could come with 720p screen, quad-core CPU, $313 price tag