The new Micromax Canvas 5 is rumored to include a full HD display, MediaTek’s premium Helio X10 chipset and a 16 MP camera. We would advise you to take this with more than a pinch of salt until everything is official. Couple of years back, in 2013, Micromax launched Canvas 4. Micromax cleverly created a very strong prelaunch buzz but ultimately the spec sheet didn’t turn out to be much different than other Canvas series devices back then. This caused a wave of disappointment among online active fans who were left wanting for more. Canvas 4 did well and was followed by phones like Canvas Turbo, a couple of Knight series flagships and Canvas 4 Plus. If this is indeed Canvas 5 which is coming, it will be interesting to see what Micromax brings to the table. The company recently launched another flagship phone, the Canvas Knight 2, flaunting an HD AMOLED display encased in very slim body, lined with metal around the edges. The snapdragon 615 powered device looks quite good so far.