This is called a real Dhamaka from Xiaomi which is known for its Cheaper handsets with quality hardware.But this time MI has just pulled of a phone which could cost only 4000 INR. What can you expect from 4k phone ? I guess not more than a dual core processor with 512 mb of RAM. Harldy 4 gigs of internal storage with 5 MP camera atmost. And what else 3G or 4-4.5 inch low resolution screen.
This upcoming xiaomi phone comes with a Leadcore LC1860 processor which is a chinese based chipset. This chipset has 2GHz cortex A7 cores supported by Mali T628 GPU. The chipset is capable of recording 2k LTE displays and shoots upto 1080 full HD videos. The phone offers 720P(1280*720) HD display which we have seen on Redmi 1S. Surprisingly the phone supports 4G LTE alongside 3G and 2G. From the image we can see it has Android 4.4 kitkat with MIUI V5. There is 1 GB of RAM with unknown internal storage.
The camera specifications are still unknown but dont expect a high end camera. If Xiaomi do release this phone with such kind of specs then other campanies will face a tough competition. In china it costs around 399 yuan which translates into 4000 INR
