The latest reports and image links from Chinese site it168.com suggest that Chinese smartphone maker Xiaomi may be releasing Xiaomi Red Rice before the launch of its much anticipated flagship device the Xiaomi Mi3. The leaked images show a Xiaomi phone with a huge 4.7″ 720p HD display, a dual core processor, 1 GB RAM, 8MP camera and a 2000 mAH display. Reports also suggest that this phone will carry a small price tag of $130.


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