An alleged picture and set of specs for the Xiaomi M3 or MI-3 has surfaced on the website Nowhere Else.

According to the report, the M3 will have an aluminum case and five-inch Full HD display. The leaked image shows a phone fairly similar in appearance to the HTC One.

For its other features, the phone is rumored to sport a quad-core Snapdragon 800 MSM8974 processor at 2GHz. It is said to have a 13-megapixel camera and a 3,000mAh battery.

The rumors differ from those reported in December by Gizchina. At that time it was stated that the phone would have a 4.5-inch screen with Full HD 1080p resolution with 4G LTE. Gizchina also stated that the screen would probably be manufactured by JDI (Japan Display Corporation).

For those unfamiliar with JDI, the company showed off two startling displays in November. One was a 5-inch panel at 1920 x 1080 resolution that featured two new technologies: WhiteMagic and Pixel Eyes. WhiteMagic incorporates an additional white pixel to the usual three (red, green and blue), making for a brighter screen with stronger outdoor visibility. Pixel Eyes means that the touch panel is built-in, like in the iPhone 5, and not a separate layer. The second screen was a seven-incher at 2560 x 1600 resolution. The screen's smaller size made it sharper at about 431 ppi. It also had White Magic and Pixel Eyes.

The Gizchina report also stated that the phone would have a next-gen NVIDIA Tegra 4 processor with 2.5 GB of RAM. It was also rumored that the device would have a 12-megapixel rear-facing camera. The Tegra 4 was said to be based on a quad-core Cortex-A15 CPU. It was also stated that the device would run on a new version of MIUI based off of Android 4.2 Jelly Bean.

If you aren't impressed, consider that Xiaomi products are usually priced competitively, and the M3 should be no exception. The device is rumored to come out in mid-2013.

Interested yet?