Xiaomi Mi Band 2

Xiaomi's Mi Band 2 has been officially unveiled by the company. With an increased price of $23, the second generation of the wearable adds exciting new features for budget concious buyers. Features of the new band include a 0.42-inch OLED display, heart activity monitor, step counter, waterproofing and more. For the low price point it's an absolute steal of a device.

As noted by Engadget, this new display will unfortunately take a toll on the wearable's battery life, but it's still an impressive 20 days (compared to the 30 days offered by its predecessor). The Mi Band 2 will be available in black, blue, green, and orange, and will go on sale in China on June 7. There's no word on worldwide availability as-of-yet.