Yu had been teasing the device from last month, and its not too long that the name of the device is unveiled along with the date of launch, the device is named as Yunicorn, while the official announcement will happen on 19th of May.
The Official invite says that the phone will redefine the word flagship. The new phone is said to be launched running Stock UI while the specs are being said to be Helio X10 SoC and 4 gigs of RAM and will be priced under 15,000 INR mark.
We will have to wait to see what exactly Yu has in mind with the Yunicorn so till then stay tuned to STJS Gadgets !!