Low-end Xiaomi Hongmi 1S with MediaTek’s MT6588 quad-core chip launching soon?

Xiaomi is apparently preparing to expand its smartphone line-up with a new low-cost model. Marked as Hongmi 1S, it may emerge as the most affordable device in the Chinese firm’s line-up, selling for 799 Yuan.
At the moment, the same cash gets you the “regular” Hongmi handset... -
http://www.mobilejewels.us/wp-content/uploads/2014/01/xiaomi-hongmi-price-drop.jpg
Low-end Xiaomi Hongmi 1S with MediaTek’s MT6588 quad-core chip launching soon?

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