Xiaomi today announced a new Mi TV. The Xiaomi Mi TV 2 Smart TV has a 40" Full HD LED display. The panel is the Sharp SDP X-GEN panel, with a 5000:1 contrast ratio. The complete Mi TV 2 specs are pretty impressive. Xiaomi's new TV runs Android 4.4 KitKat, and is driven by a quad-core processor.

Xiaomi Mi TV 2 specs and features:

MStar 6A908 1.45GHz quad-core Cortex A9 CPU

Quad-core Mali 450 MP4 GPU

2GB dual-channel DDR3 RAM

Android 4.4 (upgradeable to Android 5.0)

8GB eMMC 4.5 flash

Dolby MS12 virtual surround sound

The Xiaomi Mi TV 2 price in China was announced today. RMB 1999, roughly $322, isn't much to ask for all these features, right?