As you guys already know, Xiaomi Mi 11 is already launched at the end of 2020 with Snapdragon 888 (5nm). Now Xiaomi is planning to add Mi 11 lite to Mi 11 series. Its clear from the name that will be cheaper variant of flagship Mi 11. Mi 11 lite will feature less powerful chipset, slightly less impressive camera and other compromises too.
If we got through our sources, Mi 11 Lite will feature an OLED screen (no confirmation about refresh rate) with left-aligned punch-hole cut out for single front facing camera. It will be powered by Qualcomm SM 7350 SoC and might become first smartphone with this chipset. Mi 11 lite will have 64MP primary camera instead of 108MP sensor with 5x telephoto lens.
If you remember, Mi 11 was the first smartphone with Snapdragon 888 chipset. Now Xiaomi wants to be first with SM7350 chipset too. This chipset might be based on 5nm technology like snapdragon 888 and might feature powerful Cortex-A78 core.