Xiaomi, known for smartphones, wearables and a host of other gadgets, only recently launched the Mi Watch (known in some regions as the Mi Watch Revolve) – but it looks as though the company may soon push out another affordable smartwatch.

This new smartwatch is tipped to be called the Mi Watch Lite, and it’s already been spotted passing through the FCC regulatory body in the US, hinting at an imminent global launch.
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