Xiaomi has shared an invite to an event in Beijing, China on January 15 where the company is expected to launch its next flagship device - the Xiaomi Mi 5.

The Tagline on the invite reads "Xiaomi new flagship lauunch" which is being expected to be the Mi 5. Also Xiaomi shared a post titled "Xiaomi Next Flagship Device to be Released on 15 Jan. What is it? What is it as thin as cicada's wings?".
Also revealed is a poster, when translated says that the device will be thinner than the wings of cicada, which is an insect common in China.

Based on previous leaks there are two rumored devices to be the Mi 4 successor - Mi 5 and MiPad 2 Tablet. The Mi 5 will feature a 5.7-inch Quad-HD display; a 64-bit Snapdragon 810 processor; 3GB of RAM, and a 20.7-megapixel rear camera. On the other hand the MiPad 2 tablet will sport a 7.9-inch display, 2GB of RAM; 16GB of built-in storage, and MIUI skinned on top of Android 4.4.4 KitKat.

The event will take place at 2PM local time at the Beijing National Convention Center. 1000 press conference tickets will be available for sale via Xiaomi's Mall App. The ticket will go on sale starting January 8 priced at 99 Yuan ($16 ; Rs. Rs. 1000).