Top smartphone brands were expected to steal the limelight at the 2016 Mobile World Congress (MWC) in Barcelona last week, but that doesn't mean that some less-heralded brands were notably left out.

Xiaomi, a brand popular for offering less expensive phones with powerful specs, was among the China-based smartphone manufacturers around to show the world the Xiaomi Mi 5.

The company doesn't need much introduction since it has made its mark competing against established brands like Apple and Samsung. Now, the company may have another interesting mobile phone to offer, although curious buyers may have to wait a bit to see when it will be made within reach.

In terms of specs, the Xiaomi Mi5 comes with 5.15-inch FHD (1080p) display and runs on Qualcomm Snapdragon 820 processor. It carries 4 GB of RAM (LPDDR4) and a choice of 32, 64, or 128 GB of storage expandable via SD. As for its shooters, the Mi5 has a 16-megapixel main camera and a 4-megapixel front-facing camera. The device is powered by 3,000 mAh battery and has both USB-C and near field communication (NFC) features. 

With the specs alone, one would agree that those are pretty decent specs to consider. Xiaomi plans to make the device available in the market starting March 1, with the cheapest of the lot (32 GB) with a 3D glass carrying a price of about $305 inclusive of VAT.

The price goes up from there, with the 64 GB version priced for about $352 and the 128 GB version at $413.

The big question following all that is on when the device will hit U.S. soil and if it will go as far as the United Kingdom.

That remains to be seen, but it could happen in the coming months following its China release. Aside from that, here is hoping that there is enough supply to get one, knowing past models were pretty hard to come by. It may also be noted that there are hoarders lingering out there, hoping to mark it up a bit for their income-generating intentions.