It looks like Xiaomi is considering a mini variant of the Mi 5 with a 4.3-inch display. A recent leak out of Weibo suggests that the phone will be unveiled in the month of June, featuring a 1.8GHz Snapdragon 820 SoC.

Xiaomi Mi 5 mini leak

Xiaomi's offering is said to come with a 4.3-inch 720p display, 3GB of RAM, 32GB internal storage, 13MP camera, and a 2350mAh battery. with Quick Charge 3.0. A leaked photo of the phone reveals a home button similar to what we've seen on the Mi 5, suggesting that the mini variant will also house a fingerprint sensor.

The Weibo leak says that Xiaomi will position the device as a competitor to the iPhone SE, which offers high-end internals in a small 4-inch package.

Xiaomi's phone is estimated to retail for ¥1,799 ($275). As we saw recently, there are enough folks interested in a smaller phone provided it offers high-end specs. While Xiaomi's upcoming phone sounds alluring, it's just a rumor until we hear something official. Until then, what do you guys think of the phone in question?