Chinese handset maker Xiaomi has announced the successor to its popular Redmi Note 3 smartphone. Aptly named the Redmi Note 4, the new handset packs a premium look at a price point that's almost too good to be true.

The Xiaomi Redmi Note 4 features a 5.5-inch, 1080p curved-glass display that's driven by MediaTek's 10-core Helio X20 SoC and your choice of 2GB / 3GB of RAM and 16GB / 64GB of local storage.

A 13-megapixel primary camera with dual tone flash can be found on the backside while a 5-megapixel shooter handles selfie duties up front. There's also a dual SIM card slot, an SD card slot for expanded storage, a rear-mounted fingerprint sensor and a sizable 4,100mAh battery.

It'll ship running Android 6.0 Marshmallow with Xiaomi's MIUI 8.0 skin on top (no word yet on when it'll get Nougat but it's still very early days for Google's latest OS revision).

The Redmi Note 4 goes on sale tomorrow in China priced at RMB 899 (around $135) for the model with 2GB of RAM and 16GB of flash storage or RMB 1,199 (roughly $180) for the 3GB / 64GB configuration in your choice of silver, gold or dark grey color schemes.

As The Verge notes, Xiaomi has only announced the handset for its home market although it's highly likely that we'll see the company bring it to additional markets at some point.