Chinese phone maker Xiaomi announced a new budget Smartphone today. The Xiaomi Redmi 2A is an incremental update to the Redmi 2 handset. Xiaomi announced the Redmi 2A in celebration of their 5th anniversary. It's been 5 years already? Yep. Xiaomi was established in 2011.

Xiaomi Redmi 2A full specs:

1.5GHz quad-core Leadcore L1860C processor

1GB RAM

4.7-inch HD (1280x720) display

8GB internal storage, microSD card slot

8MP Omnivision rear camera sensor

2MP front-facing camera

4G LTE support

dual-SIM slots

2200 mAh battery

Android 4.4 KitKat with MIUI v6

Xiaomi announced the Redmi 2A's price in China to be 599 Yuan, roughly $100. However, only on April 8th, the Redmi 2A will be sold for 499 Yuan ($80) in China.