Reports out of Taiwan claim that the next generation Xiaomi TV could measure in as large as 55-inches!
The news reports that Xiaomi have been testing displays from Samsung and LG and that 47-49 inch screen were considered before a 55-inch panel was finally chosen. Apparently Xiaomi also toyed with the idea of a 4K TV, but will not release such a high resolution TV in the near future.
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Pricing is said to be as low as 2999 Yuan, other hardware was not mentioned but it seems likely the 2nd Generation Xiaomi TV will be powered by a Qualcomm processor.[ Source ]