Chinese tech major Xiaomi will launch a new addition to its Note series on 29 June.
The company's chief executive officer Lei Jun has revealed this on Chinese micro-blogging site, Weibo, but failed to mention any details.
With the Mi Note and Mi Note Pro having been launched earlier this year, it is highly unlikely that these devices would see an upgrade so soon.
Besides, the successors to the aforementioned Xiaomi models, powered with Snapdragon 810, are expected to use the Snapdragon 820 chip, previewed by Qualcomm at the MWC convention and expected to begin sampling in the second half of 2015.
Speculation hints it could be the Redmi Note 2, which was recently spotted on the TENAA database, the Chinese telecommunications equipment certification centre.
According to a leak, the handset is expected to come with a 5.5in screen with full HD resolution. It will pack MediaTek MT6795 Helio X10 SoC featuring an octa-core processor with 64-bit computing support. There will be a 13 megapixel rear camera and a five megapixel front-facing camera.
Meanwhile, Kevin Wang, research director at IHS Technology China, mentioned through a Weibo posting that the next-gen Redmi device will use Xiaomi's home-grown chip set. He further adds that these chips are faster than the current Leadcore LC1860 chip found in the Redmi 2A, which is a variant of the Redmi 2 smartphone.