Xiaomi will be announcing the Mi MIX 2S flagship smartphone through a launch event tomorrow at 2 PM in Shanghai, China. It is a known fact that it will be the first flagship phone from Xiaomi for this year and it is also the first smartphone from China to feature the Snapdragon 845 chipset. Xiaomi CEO Lei Jun has revealed some information on the key specs of the highest configuration model of the Mi MIX 2S today. Moreover, he has also hinted that it will be arriving with an expensive price tag.

According to Jun, Qualcomm’s Snapdragon 845 chipset is very good, but it has one major drawback that’s not related any of its features or performance. He claims that the cost of the Snapdragon 845 along with 17 percent VAT (standard VAT value exceeds 500 Yuan (~$80). A report had surfaced in the recent past that revealed that the pricing each of the components present inside the Galaxy S9. It stated that the SD845 chipset that powers it is priced at $68. So, adding a VAT of 17 percent takes the cost of the chipset to up to $80.

He added that the pricing of the SD845 is about three times more than the Snapdragon 660 that is used for powering upper mid-range phones. Currently, the Xiaomi Mi Note 3 with 6 GB of RAM and 64 GB of internal storage is selling with a price tag of 2,099 Yuan ($332). Adding the cost of SD845 to it takes the price to $2,599 Yuan (~$411). The Mi MIX 2S is expected to arrive with full screen design, dual rear cameras and UFS 2.1 storage. These specs could increase the price of the Mi MIX 2S to 3,000 Yuan ($490) for the lowest configuration variant featuring 6 GB of RAM and 64 GB of storage.

Read More: Xiaomi Mi Mix 2S Specs Rumor Roundup: Everything You Need To Know Before Launch!

At present, 6 GB RAM + 64 GB storage Xiaomi Mi MIX 2 is selling for 3,099 Yuan (~$490). Hence, it is speculated that the base model of the Mi MIX 2S will be selling at a slightly higher price tag of 3,299 Yuan (~$522).

Jun has also revealed that highest configuration variant of the Xiaomi Mi MIX 2S will be packed with SD845 chipset, 8 GB of RAM and a native storage of 256 GB. As far as the design of the phone is concerned, it will be arriving with a four-sided curved ceramic body. It has been revealed that one of the major highlights of the Mi MIX 2S will be its AI driven dual rear cameras that includes support for scene detection, Full HD quality slow motion video shooting and more. It is also expected to arrive as the first Xiaomi phone that will be arriving with support for wireless charging.

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