New Delhi: Xiaomi's next anniversary in the Mi series will be the Mi 8, affirming that the company is going to give the Mi 7 as miss.
Xiaomi is all set to launch the Mi 8 as part of its 8th year anniversary offering. The phone will be launched at an event in Shenzhen on May 31, the company has confirmed.
Xiaomi spokesperson Donovan Sung tweeted:
Mi Fans, amazing news!
To celebrate our 8th year anniversary, we'll be launching Mi 8 at our annual flagship product launch in Shenzhen on May 31.
— Donovan Sung (@donovansung) May 22, 2018
Rumour mills seem to be working extra time to bring in expected specs of the upcoming phone. As per reports, Xiaomi Mi 8 may come with a notch design –something all popular brands are doing these days.
The phone will be powered by a Qualcomm Snapdragon 845 SoC coupled with 8GB RAM and a fingerprint sensor.
Other features planned for the Chinese Android manufacturer's flagship include, a 3D facial recognition unlocking feature and a 4,000mAh battery with support for wireless charging, as per a Verge report.
The company said its revenue was 114.62 billion yuan ($18 billion) in 2017, up 67.5 percent against 2016. It also said it made a net loss of 43.89 billion yuan versus a profit of 491.6 million yuan in 2016.
Operating profit for 2017 was 12.22 billion yuan, up from 3.79 billion yuan a year ago.
Alongside smartphones, Xiaomi makes dozens of internet-connected home appliances and gadgets, including scooters, air purifiers and rice cookers, although it derives most of its profits from internet services.