Update: We've just been informed that there will also be a 1.2GHz version available for an even cheaper price!
Update 2: Our hands-on post is up!
Unlike most phones with a 1400mAh or 1500mAh battery these days, the Xiaomi Phone gets a ginormous 1930mAh cell instead, and we're promised to get two days worth of real-life usage out of it -- CEO Lei Jun emphasised the "real-life" part, so we shall see. Another surprise -- albeit an odd one -- is that this phone supports both GPS (with A-GPS) and Russia's GLONASS, meaning President Medvedev can navigate around his country just fine while updating his
As for the rest, you get a 4-inch 480 x 854 LCD courtesy of Sharp (LCD for better outdoor performance, and 4 inches for Asian ergonomics), three touch buttons below the screen, a customisable "Mi key" (camera shutter or Weibo; long press for home screen), an eight megapixel camera with an F2.4 lens, and a dual antenna design that plays well with any kind of grip (obviously a little wink at Apple). Dimension-wise we're looking at 125mm x 63mm x 11.9mm, weighing 149g or 5.3 ounces -- just a tad heavier than the iPhone 4. As for accessories, we're told that there will cases in at least seven bright colors, along with spare batteries of the same set of colors (that's how awesome Xiaomi is).
If you're starting to doubt the Xiaomi Phone's reliability, you shouldn't -- we've been told that this phone's been thoroughly torture-tested in the lab, simulating two years worth of usage. "This is why we take much longer than shanzhai factories to make a phone," said the CEO. We'll see about that in two months time, really looking forward to it.