Xiaomi execs officially confirmed the launch date for the highly anticipated flagship Xiaomi Mi 5 on Weibo today. Li one of the Xiaomi execs announced that the phone has entered mass prodcution and will be launched after Chinese Spring Festival which is on ‎Monday, 8 February, 2016. Hugo Barra too expressed his excitement on Twitter that his freshly baked Xiaomi Mi5 has landed in his pocket from the production line.

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Specifications and Designs of Xiaomi Mi 5 have already been leaked. It’s also confirmed that Xiaomi Mi 5 will be powered by Qualcomm’s latest beast, SnapDragon 820 processor coupled with Adreno 530 GPU. The company claims that the new chipset is around twice as efficiency as the Snapdragon 810 and consumes around 30 percent less energy. Most importantly company also claims that SnapDragon 820 (SD 820) will not have any overheating/throttling issues. We can only keep our fingers crossed and hope that SD 820 will not be a mini furnace.

Along with this statement, Li Wan Qiang marks his return to Xiaomi. He had been with Xiaomi from the initial stages, right from developing custom MIUI, then creating the Mi.com and marketing team, including many of the new marketing techniques used by Xiaomi. Welcome back to Xiaomi Li Wan Qiang.