Xiaomi Mi Logo
People stand near a logo of Xiaomi ahead of the launching ceremony of Xiaomi Phone 4, in Beijing, in this July 22, 2014. REUTERS/Jason Lee

Xiaomi was rumored to launch Mi Band 2 fitness tracker on May 10 alongside Xiaomi Mi Max and MIUI 8. However, the company delayed the launch of Mi Band 2, citing production issues. The CEO of the firm, Lei Jun, has now confirmed that Xiaomi Mi Band 2 release date will be set in early June.

Xiaomi had briefly showcased the Mi Band 2 during the May 10 launch event. Before the unveil event, Lei had stated that since manufacturing the Mi Band 2 is not easy, its arrival was delayed by a month. However, since Lei has now confirmed the release of Mi Band 2 in next month, the rumor mill is predicting that it will be launched in the first week of June, Gizmo China reported.

The most distinctive feature of MI Band 2 is that it features a small LED screen. Its predecessor models such as Mi Band and Mi Band 1S do not have LED screen.

The LED screen will be able to display notifications and fitness information. The device is also rumored to feature a physical button that will allow users to access various health-related features of the fitness band. The upcoming MI Band 2 will be less dependent on the paired smartphone. It is expected to launch with a price tag of $16.

The co-founder and vice-president of the company, Liu De, has confirmed that the firm is building its first ever smartwatch. The specifications and features of the smartwatch are currently unavailable, but De has confirmed that it will be launched in the second half of the year.

Early speculations suggest that the Xiaomi smartwatch would be featuring a circular display and its body will be made up of brushed metal. Rumors have it that the smartwatch will be equipped with a biometric identification feature named pulse wave velocity. It is expected to feature several health-related features.