The Xiaomi Mi5 is expected to make its debut anytime soon, especially since this will be the fifth anniversary of the company. And while consumers await for the coming of the Mi5 device, word has it that the device will already come equipped with the MIUI 7, the Android 5.1 Lollipop version of MIUI.

This was actually confirmed via AOKP's official blog, baring that Xiaomi and Team Kang were in close collaboration for the MIUI 7 which is expected to debut with the Xiaomi Mi5. The codename for MIUI 7 is said to be MiKangy.

The said Mikangy OS will carry popular features from top ROMS that include CyanogenMod, ParanoidAndroid, Omni, and AOKP. Further, the upcoming UI for the Mi5 is said to be something that is expected to evolve with the users after some time of getting used to it, eventually providing each Mi5 user with their own set of personalized features.

The highly anticipated Xiaomi Mi5 is expected to be pursued by many. Among the features that the Xiaomi Mi5 carries include an expected 5.5-inch IPS LCD capacitive touchscreen display, a quad core 2.7 GHz Krait 450 process on a Qualcomm Snapdragon 805 chipset and 3GB of RAM. It will also have 32GB of internal storage and a rear 16MP camera.

With regards to its predecessor, Xiaomi has announced price cuts for the Xiaomi Mi4 which further amplifies that possibility of the Xiaomi Mi5's impending release.

As far as pricing is concerned, the Xiaomi Mi4 is expected to retail for about CNY 1,799 (originally CNY 1,999) for the 16GB variants. As far as the Xiaomi Mi4 lite version (2GB only) is concerned, it will now retail CNY 1,699 (orgiinally CNY 1,799). All price offs will be effective starting April 8 over in China.

Could that mean the Xiaomi Mi5 is expected to come out on or before that date?