Xiaomi today unveiled its absolutely stellar looking flagship handset for 2016: the Mi 5. The handset has been rumored to launch since 2015 itself, but due to some reason or another, Xiaomi kept delaying its launch. The wait, however, seems to have been worth it, because for the specs it offers, the Mi 5 has a very attractive price tag. If you are wondering what makes the Xiaomi Mi 5 such a cracker of a handset, have a look at its full specs below. You can find more details about the Xiaomi Mi 5 here. The handset will be going on sale in China from March 1 with an approx. price of around $300. It will be available in three different storage configurations, with the 32GB version coming with a slower 1.8GHz Snapdragon 820 chipset and 3GB RAM.