A $600 Xiaomi phone coming this year

Known for offering specs-heavy devices at affordable rates, Xiaomi is planning to launch an expensive phone this year. The handset’s price will be around RMB 4,000, which translates into $600 at current exchange rates.

Xiaomi co-founder Liwan Jiang made the revelation. He, however, stressed that despite its high price point, the device will still offer more value for money. Sadly, there’s currently nothing known about the phone, although rumors say it could be an Mi Note 2 variant sporting a dual curved screen.