The Xiaomi Red Rice has been officially launched at the even lower than expected price of only 799 Yuan ($130).

Xiaomi’s much anticipated and first Mediatek powered Android smartphone has been officially launched in China. We have been waiting for the launch of this entry-level phone for months and not that it is finally here Xiaomi have surprised us all by announcing a lower 799 Yuan ($130) launch price!

At that price point Xiaomi have actually launched the world’s most affordable quad-core MT6589T Android smartphone and one which rivals phones such as the JiaYu G4 and Xiaocai X9!

Xiaomi have actually managed a few firsts with the Red Rice as it’s the first Mediatek powered Xiaomi phone, the first to offer dual SIM support, micro SD card and the first Xiaomi to run Android 4.2 Jelly Bean.

The Red Rice specifications include a 4.7-inch 1280 x 720 HD display, 1.5Ghz MT6589T quad-core processor, 1GB RAM, 4GB memory, 1.3 mega-pixel front camera, 8 mega-pixel rear camera, 2000mAh battery and runs MIUI V5.

Although officially launched the Red Rice won’t be available until 12 August.