The Xiaomi teaser shows that the company has the plan to release the device in the event. Though the teaser does not show the complete name of the devices which will be revealed there but it is for sure that the Mi5 will be announced. The teaser contained the tagline “Mi Dual,” with the date of the event which is 11/11. The teaser also has slogan “This time we'll play the big." New Phone will finally appear on 0:00 on 11th November ” which indicates clearly that finally Mi5 will be on the surface. Another thought is that the company will launch the Redmi Note 2 Pro as well alongwith Mi5.
Just for remembrance the Xiaomi Mi5 has 5.5 inches display with 2560 x 1440 pixels resolution and featured with Quad-core 2.7 GHz Krait 450. This is the Android Smartphone and runs Lollipop version of OS instead of Marshmallow. The device has 3 GB RAM and 32 GB internal memory which cannot be increased because of the lack of card slot.
The Xiaomi Mi5 has 16 MP rear and 8 MP Selfies camera and energized with Non-removable Li-ion 3500 mAh battery. There is nothing mentioned about the price, but hopefully the factor will disclose soon before the unveiling of the device on 11th November.