Xiaomi rolled out the Mi 5s and the Mi 5s Plus this year, but another flagship is already in tow. Rumors are surfacing about the Mi Note 2, and it seems that the tablet sports a hefty price tag.

The helm of Xiaomi, Lei Jun, recently confirmed that the Mi Note 2 is arriving, and considering that Mi 5S Plus' specs are a bit lackluster, the Mi Note 2 could make up for the lack and deliver a true flagship experience.

Rumors and leaks on the Mi Note 2 are piling up, but the OEM's leader underlined that the device will be surprising. His statement was backed by a recent leak, which shows the phone equipped with a vertical dual-camera setup.

With that in mind, let's take a look at the latest rumor, which comes from China-based analyst Pan Jiutang.

Jiutang suggests that the Mi Note 2 might ask customers to shell out more than it was previously anticipated. Xiaomi has a reputation for delivering high-end handsets for relatively affordable prices, with perfect examples in form of the Mi 5s Plus, Mi 5s and Mi 5.

Should Jiutang's prediction hold water, the price tag of the Mi Note 2 could start at 4,000 yuan ($600). This would make the latest phablet from Xiaomi the priciest handset ever released by the company. A window of opportunity exists after the global recall of the Galaxy Note 7 from Samsung, so Xiaomi could use it to push its pricey flagship to worldwide consumers.

Some similarities already exist between the Note 7 and the Mi Note 2, respective to size and the curved display sides of the two devices.

What would the Mi Note 2 offer for the strong $600?

The flagship should holster quite powerful specs. Processing power is purportedly assigned to a Snapdragon 821 64-bit quad-core processor, backed by either 4 GB of RAM or 6 GB of RAM. The more powerful version is expected to carry 128 GB of storage, whereas the standard model will feature 64 GB of internal space.

Additional leaks hint that the Mi Note 2 will have a 5.7-inch QHD screen, able to display 2,560 x 1,440 resolutions, with an Adreno 530 GPU to take care of the visuals.

Speculations roamed about the device carrying two rear-facing cameras, with sensors of 12 or 13 megapixels, which will get paired with a LED flash. Build materials are expected to be high-quality metal and glass, with a ceramic back as a variant.

Are you looking forward to a formidable, yet pricey phablet from Xiaomi? Let us know in the comments section below.

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