The popular Xiaomi Hongmi handset has been rebranded for an international launch, now being called Redmi. Priced at $132 this appealing handset has been selling very well in China and it’s coming to the international market soon.

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We don’t have an exact launch date or the name of the countries where it will debut, but Singapore seems a sure bet, according to sources. For those of you wondering, for just a bit under $150 you’re getting a 4.7 inch smartphone with 720p resolution and dual SIM capacity. The handset uses an IPS LCD screen, a microSD card slot, 1 GB of RAM and 4 GB of storage.

There’s HSDPA on board, Bluetooth 4.0, an 8 megapixel camera with LED flash and Full HD video capture. We’ve got a 1.3 MP front shooter, Android 4.2 as the OS and a quad core MediaTek CPU under the hood. Finally, there’s FM radio and a Li-Po 2000 mAh battery on board.

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