Spice announced some new handsets the Mi-355, Mi-425 and the Mi-500 of these handsets the Mi-500 specifications looks quite interesting with a 5 inch touchscreen display. I got some information about the Mi-500 which could look like a remake of the CSL Mi500.
The CSL Mi500 specifications seem almost identical to the Spice Stellar Horizon version. Spice has not yet released the official specs and what you may hear on the net could just be speculations. On xda forum it’s mentioned that the handset will house a 1 GHz dual core processor. I think that is not possible given then small price difference between the Spice 425 and 500 model, but if it does have a dual core, that will be good news.
There is also confusion whether this handset will come with a Qualcomm Snapdragon or Broadcomm processor and the RAM capacity, plus will it really support ICS. I think it will not be right to comment at this point of time as there are still few days left for the launch.
We will have to wait for the official Mi-500 specifications from Spice. Until then have a look at the Mi-500 (CSL version), the Spice handset could be exactly similar to what you are looking at.
Pawandeep, thanks again for the info.