Last month, a forum moderator over at MIUI Forums said that Xiaomi dropped the 'Redmi Note' brand for its budget phones, though according to a new rumor, the Redmi Note 5 is on its way. The forum post that was published last month was moderator's opinion, and was not based on any info provided by the company, so this new rumor may actually be accurate. Xiaomi's forum moderator suggested that the Redmi 5 Plus replaced the Redmi Note 5, at least based on the release timeframe, but if this new rumor is to be believed, the Redmi Note 5 is coming, and it will be announced in the second quarter of this year.
This rumor is coming from China, of course, and it also suggests that the Redmi Note 5 will be fueled by the Snapdragon 632, which would make it a mid-range smartphone, of course. The rumor goes on saying that the Redmi Note 5 has been in testing for quite some time now, and it also states that the Snapdragon 632 is coming. The Snapdragon 632 will, allegedly, be less powerful than the Snapdragon 636, as it will sport lower clock speed, but it seems like it will be identical to the Snapdragon 636 in every other way. The Xiaomi Redmi Note 5 is expected to ship with a 5.99-inch display with an 18:9 aspect ratio, at least according to this rumor. The device also sport rather thin bezels, similar to the ones on the Redmi 5 and Redmi 5 Plus. The Xiaomi Redmi Note 5 will sport 4GB of RAM if this rumor is to be believed, and even though storage hasn't been mentioned, chances are that Xiaomi will release both 32GB and 64GB storage models.
The device is also expected to ship with a dual camera setup on the back, and if the provided info is to be believed, it will sport two 12-megapixel cameras, while the Redmi 5 and Redmi 5 Plus comes with a single main snapper. A new price point was not mentioned in the rumor, but previous rumors suggested that the device will cost 1,599 Yuan ($246), and that may end up being true, in any case, we'll have to wait and see what will happen.