The device features a quad-core 1.5 GHz Qualcomm Snapdragon S4 Pro as its CPU.

The casing of the Xiaomi Mi2 is mostly made from plastic, with SIM card slots located inside.

Near the top of the device are a front-facing camera, proximity sensors, and a notification LED[citation needed].

The device is widely available in white, green, yellow, blue, red and pink color finishes.

The device's display is larger than its predecessor, with a 4.3-inch, 720p IPS LCD capacitive touchscreen with a resolution of ~342 ppi, and Dragontrail glass.