The phone which runs on SD 808 clocked at 1.44 Ghz with 2GB RAM will not be a high end device but can easily replace the Mi4 which currently sells in India for 15,000 INR and before the Mi5's entry the new Xiaomi Libra can come and make a debut to replace the old Mi4 from Xiaomi.
There will be Xiaomi Mi5 & Mi5 Plus coming but their pricing will be on a higher side, above 22,000 INR in India hence the Xiaomi Libra will be talking the Mi4's place. We expect the Libra to be priced around 15,000 INR - 20,000 INR.
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