Xiaomi's next blockbuster code named Ferrari

Xiaomi Ferrari

Xiaomi, arguably one of the fastest growing tech companies has codenamed their next product as ferrari. Obviously, this won't be the name with which they are going to use for the product. It will most likely be E4 because this product looks like a scaled down version of Mi4. The new gadget was seen listed on Benchmarks and these are it's specs.

1080p 4.9 inch screen.
Snapdragon 615 Octa Core CPU
Adreno 405 Graphics
2GB DDR3 RAM
16GB internal memory
12 MP rear cam and 5 MP front cam

Most importantly, this is going to be the first Xiaomi phone running on MIUI based on Android 5.0.1 lollipop out of the box.
Tell us what you think about the specs and we'll keep you updated about Xiaomi Ferrari.