Xiaomi Redmi 4 India launch expected on May 16, Paytm could acquire FreeCharge and more – FoneArena Daily

Xiaomi Redmi launch May 16

Check out the latest FoneArena Daily video that gives you a quick roundup of the latest technology news.

Micromax just launched Canvas 2 (2017) version smartphone at an event in India today. It is using the same Canvas 2 name that was introduced back in 2012. This has a 5-inch HD display, is powered by a Quad-core MediaTek MT6737 processor and runs on Android 7.0 (Nougat). It has a 13-megapixel rear camera, 5-megapixel front-facing camera, has a fingerprint sensor on the front. The Micromax Canvas 2 2017 comes in Black color and is priced at Rs. 11,999.

Huawei’s Honor brand just launched Honor 8 Lite smartphone in India. It packs a 5.2-inch Full HD 2.5D curved glass display, is powered Kirin 655 processor with the i5 coprocessor, runs Android 7.0 (Nougat) with EMUI 5.0.

Last week Xiaomi announced that it will launch a Redmi smartphone in India soon, which is expected to be the Redmi 4. Now Amazon India has started teasing the launch of the smartphone that will be available exclusively with them, after the successful Redmi 4A.

Paytm has signed a non-exclusive term sheet to acquire rival wallet player FreeCharge, according to the latest report. The digital wallet company is said to buy FreeCharge in an all-cash deal from Snapdeal.

Deal of the day – Amazon Great Indian Sale