Xiaomi unveiled the long-rumored Redmi Note 2 on Thursday, just a few hours ahead of Samsung’s big Unpacked event. The Chinese phablet may not offer all the high-end specs you’ll find in the Galaxy Note 5, but it still packs some solid hardware for an impressively low $125.
The Redmi Note 2 runs on MediaTek’s 64-bit octa-core Helio X10 processor, which Engadget points out is the same chip found in HTC’s One M9+ phablet. The new phone also packs a 5.5-inch 1080p display, a removable 3060mAh battery, a 13-megapixel rear camera, a 5-megapixel front-facing camera, 32GB of expandable storage, 2GB of RAM, but no NFC. It’s the first device to run Xiaomi’s new MiUI 7 software out of the box.
The newest Redmi still looks like a budget phone, even if it packs plenty of solid hardware. That means a simple plastic design in five different colors. It comes in black, white, pink, yellow or blue, and the back comes off so you switch between those colored shells whenever you want.
The baseline model starts at 799 yuan ($125) with higher-end options offering better connectivity in China for a price. Xiaomi still isn’t selling its smartphones in the U.S., but we have a feeling the Redmi Note 2 could be a huge hit here in America if it had a chance.