Xiaomi's Vice President Hugo Barra holds Redmi Note 3 smartphones during a launching ceremony in Hong Kong, China March 21, 2016. Reuters/Bobby Yip

If fresh reports are to be believed, the Xiaomi Mi 6 may look very similar to the company’s Mi Note 2 smartphone though a bit smaller in size. A well-known Chinese tipster has revealed that the Mi 6 could be powered by a powerful Qualcomm Snapdragon 835 chipset. News about the smartphone’s release date has also been making rounds and it is still expected in February 2017, though certain reports have claimed an April release.

According to a report in GSMArena, the Xiaomi Mi 6 could be made available in two storage variants, 128GB and 256GB and three colour variants, blue, white and black. It is impossible to verify whether the leaks have provided accurate information. Most of them are originating in China. As per these leaks, the Mi 6 could be unveiled at a special screening event on Feb. 6, 2017 and sales are expected to start from March.

A delay in the release of the Xiaomi Mi 6 could be the result of the Snapdragon chipset that is widely-expected in the device. The Snapdragon chipset is in high demand though supply may fall short of the demand, another report stated. However, many tech experts believe that the short supply of the Snapdragon 835 chips is not that bad after all and the issue has been exaggerated.

The similarity in design of the Xiaomi Mi 6 and Mi Note 2 is good news for many as the latter was only a China-exclusive device. Mi 6 leaks have shown the device to have rounded edges with dual-LED flash on the rear and a Home button on the front, reports Stuff. The Qualcomm version of the device may come with a 6GB RAM, Quick Charge 4.0 and a 16MP rear camera. None of the specs have been confirmed yet by Xiaomi.