Redmi working on flagship smartphone with Snapdragon 855 processor, confirms CEO

Redmi is working on a phone that will come with Qualcomm’s Snapdragon 855 processor. Redmi CEO Lu Weibing confirmed the information adding that the sub-brand is on its course to launch an “affordable flagship phone”. Gizchina reported that the supposed Snapdragon 855 powered Redmi phone will be priced at about $370– about Rs 26,000 as per current exchange rates.