Xiaomi has officially announced that it is hosting an event in Beijing on October 25 to launch the Mi Note 2. While the announcement confirmed the dual edge display, all the other leaks still remain as speculative. A lot has been leaked about the Xiaomi Mi Note 2 including the prices. While initial reports claimed that the smartphone will be extremely high priced, the more recent one capped it down to a relatively reasonable tag. The latest leak now hints that the price tag of the Mi Note 2 will be at $590 (Rs. 39,500). This is still the highest price tag ever associated with a Xiaomi smartphone. Toutiao’s latest leak claims that the price will be a little higher than what was rumoured previously. Just to recall, the last leak claimed that the 4GB variant will be priced at CNY 2,799 (roughly Rs. 27,800) and 6GB RAM variant will be priced at CNY 2,999 (roughly Rs. 29,800). As for the specifications, the Xiaomi Mi Note 2 is expected to feature a 5.7-inch Super Amoled (1440×2560 pixels) display with Force Touch pressure sensitivity. It is said to be powered by a 64-bit Snapdragon 821 SoC, and bear a dual camera setup at the back. There are expected to be two sensors sat the back – one 23-megapixel Sony IMX318 sensor and another 12-megapixel Sony IMX378 sensor. An 8-megapixel sensor is also expected at the front for selfies. The Xiaomi Mi Note 2 is tipped to run Android 6.0 Marshmallow-based MIUI 8, and support dual-SIM slots (Nano + Nano). It packs a 4100mAh battery with Quick Charge 3.0 technology, and supports ultrasonic fingerprint scanner embedded under glass. Connectivity options include 4G VoLTE , Bluetooth 4.1, WiFi 802.11 ac (2.4/5 GHz) MU-MIMO, GPS, NFC, and USB Type-C connectivity options. A leak also suggests that the Mi Note 2 could sport an iris scanner. We of course advise readers to talk the rumours with punch of salt. The launch event is to begin at 11.30am IST on Tuesday, where all the official details will be announced.