Mi Band 2 with LCD display likely to be released on May
During a live broadcast Xiaomi's CEO Lei Jun accidentally flashed the Mi Band 2. The Mi Band 2's biggest upgrade seems to be its OLED display which will allow users to instantly read their stats like calories, steps, distance and also date/time. Previously those stats could only be read from the Mi Fit App. Users will also be able to get notifications from apps, texts and incoming calls. From the picture we you can see that the second generation Mi Band uses similar plastic strap as its predecessors, and it appears to have a touch sensitive capacitive button for navigation. The release data of Mi Band 2 hasn't been confirmed but we expect it to be announced next month when Xiaomi is releasing its flagship phablet.
The Mi Band is a $15-$18 fitness tracker manufactured by Xiaomi. The Mi Band gained wide popularity due to its insanely affordable price and features comparable to many fitness trackers that cost well over $50. The currently available Mi Band 1S or Mi Band Pulse has features like heart rate monitor, sleep tracker and step counter. Lacking an LCD display, the original Mi Band uses three LEDs to indicate daily step goal progress. It also vibrates while receiving calls or app notifications. The first Mi Band used multicolored LEDs, which could be customized for different types of notifications.
Source: mydrivers