If reports are anything to go by, the Chinese company Xiaomi will release the Mi Note 3 smartphone in June this year.

It is expected that the Xiaomi Mi Note 3 will sport a 5.7-inch 2K curved OLED screen and the latest tech identical to Samsung's Infinity display, according to Gizbot.

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Also, there will be a dual camera setup at the back. The smartphone will be powered by a Snapdragon 835 processor, paired with 8GB RAM in the premium variant and 6GB RAM in the base model.

According to several reports, the storage options include 256GB and 128GB for the high-end and entry-level models. The Xiaomi Mi Note 3 will reportedly have a 4,070mAh battery with Quick Charge 4.0 support.

Furthermore, it will be the first smartphone to run Android Nougat-based MIUI 9. It is important to note that the Chinese company has not officially declared the presence of Mi Note 3. If rumors are to be believed, the smartphone will be launched in June this year, Android Headlines reported.

Speculations are also doing the rounds that the Xiaomi device will cost about $599 for the 6GB + 128GB variant and $699 for the 8GB + 256GB model. Forthcoming smartphones such as the iPhone 7s series, Nokia 9, Samsung Galaxy Note 8 and OnePlus 5 will have a new competitor in the form of Mi Note 3 in 2017. 

Some of the rumored features of Samsung Galaxy Note 8 include wireless charging support, fast charging, Android 7.0 Nougat, 3.5mm headphone jack, USB-C connectivity, 6GB RAM, Qualcomm Snapdragon 835 chip, improved iris scanner, S Pen support and fingerprint scanner. 

On the other hand, Nokia 9 will run Android 7.1.1 N operating system and will have 4GB of RAM. The device will reportedly be powered by Snapdragon 835 processor. Reports claim that the Nokia 9 smartphone will have a dual-LED flash support and will also sport dual 13-megapixel cameras at the back.

Speculations are making the rounds that the device will offer 64GB of inbuilt storage. It is expected that the Nokia 9 will support Qualcomm Quick Charge 4.0