Xiaomi is going strong, I should say stronger in China. After Redmi Note launch, the company has come up with 4G LTE variant but with single SIM capabilities for China. Hongmi Note is the other name of Redmi Note. Interestingly you will not have to pay any addition money to get 4G LTE variant from the original Redmi Note.
The Redmi Note LTE version comes with changed processor of 1.6 Ghz clocked Qualcomm Snapdragon 400 quad core which is same as that of Redmi 1S smartphone. The other specifications with 5.5 inch HD IPS touchscreen display, 2GB RAM, 13 mega pixel primary camera, Android 4.4.2 Kitkat based MIUI v5 and 3100 mAh Li-ion battery remains same as that of the 3G LTE version. The phone will also be launched in Malaysia apart from China but India launch might not happen.