Xiaomi released the Mi 11 flagship in the final days of 2020 and rumors are pointing to two more phones joining the family - Mi 11 Lite and Mi 11 Pro. The first one is expected to be slightly less powerful and cheaper, and a leakster revealed some of the specs it might have. According to the Chinese source, the Mi 11 Lite will have an OLED screen with a punch hole for one selfie camera, a Qualcomm SM7350 chipset, 64 MP main cam, and 5x zoom. Previously leaked Mi 11 Lite renders without a periscope lens Each of these features looks interesting - first of all, there is no SM7350...
Source: https://www.gsmarena.com/xiaomi_mi_11_lite_might_come_with_periscope_lens_new_qualcomm_chipset-news-47499.php