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Xiaomi Mi3 would be a serious competitor of Moto G2
Xiaomi Mi3 specifications:-
"2.3 GHz Qualcomm Snapdragon 800 8274AB Quad Core Processor
Full HD Recording
2 MP Secondary Camera
Android v4.4.2 OS
13 MP Primary Camera
Internal Storage Capacity of 16 GB
Wi-Fi Enabled
5-inch LCD Capacitive Touchscreen"