Hugo Barra and Manu Jain confirm the launch of Xiaomi Mi 5 on 24 February

Some time back, Xiaomi co-founder Liwan Jiang revealed via his Weibo account that the Mi 5 smartphone will be launched on February 24. Now it is Global VP, Hugo Barra and India Head Manu Kumar Jain who have confirmed that the launch of the Mi 5 smartphone will happen on 24 February.Hugo Barra and Manu Jain tweeted out using the same image that mentioned the product launch with the words "All you ever imagined, and more.".https://twitter.com/hbarra/status/691934558758031360https://twitter.com/manukumarjain/status/691900114378571778There have been plenty of rumours about Xiaomi’s Mi 5 smartphone. According to a report from mydrivers, Xiaomi at the launch will reveal not one but two Mi 5 smartphones.While there have been plenty of rumours about the first model (shown in the image above) that is expected to sport a Full HD display and curved 3D-glass back. There is a second model that is said to sport a similar design but packing an all-metal contruction with a QHD (2560 x 1440 pixel) display.Other upgrades that owners of the premium Mi 5 will be treated to include more RAM and better storage options. The premium variant of the Mi 5 is rumoured to include 4GB of RAM, which is up from the expected 3GB on the standard version; and 64GB of internal storage compared to the 32GB base version onboard the standard Mi 5.The rest of hardware details including the Qualcomm Snapdragon 820 chipset are expected to remain the same.