According to reports, the release date of Xiaomi Mi 5 is scheduled for November 2015. Initially, the Chinese mobile manufacturer Xiaomi had been getting ready for a summer release but then Xiaomi decided to wait for the mobile chipmaker Qualcomm's next chip to come out.

The Xiaomi Mi 5 smartphone will feature a 5.5-inch display and QHD screen resolution. It will be powered by a Qualcomm Snapdragon 820 chipset. However, some previous information states that the handset will feature a 5.2-inch display and not a 5.5-inch one, according to Android Headlines.

It is believed that the smartphone will come in two storage options,16GB and 64GB and will have 3,000mAh battery capacity. The Mi 5 will feature 4GB RAM. The report claimed that Mi 5 will sport an aluminium frame and have thickness of only 5.1mm.

According to reports, the mobile manufacturer Xiaomi will introduce a fingerprint scanner called Sense ID with Mi 5. The fingerprint sensor would focus on ultrasound technology rather than optics. It is not clear whether Xiaomi will use a USB Type C connector in the forthcoming Mi 5 handset, The Times of India reported. Also, the handset will have an 8-megapixel front-facing camera and a 16-megapixel rear camera.

It is rumored that Xiaomi Mi 5 Plus will launch alongside the Xiaomi Mi 5. The phablet is believed to flaunt a 6-inch QHD display. The other specifications include a 16-megapixel rear camera, 32GB of inbuilt storage and 4GB of RAM.

Xiaomi has not confirmed the specifications of Xiaomi Mi 5 and Xiaomi Mi 5 Plus yet.