Note 2 was launched in mid-August and Xiaomi sold in 800,000 of them at launch.

We tested the Redmi Note 2 phone and think it is amazing value for money.

Xiaomi has posted an official invitation to the launch on its Weibo account, officially dubbing the device Note 3. The updated device should come with a 5-inch Full HD display, MediaTek Helio X10 SoC, 3GB of RAM and 32GB by default. The phone has a 3 megapixel rear camera, 5 megapixel front camera as well as 802.11ac Wi-Fi and a massive 4,000mAh battery.

The device will have an all-metal chassis and a rear mounted fingerprint scanner.  If it  launches at similar price to Note 2, it will be a real success.