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Xiaomi drops prices of five phones by Rs 1000 in India

Xiaomi announced a price cut of Rs 1000 for its popular smartphones like Redmi Note 5 Pro, Mi A2, and Redmi Y2.

Suhail Sattar Suhail Sattar
New Delhi Published on: November 16, 2018 20:22 IST
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Image Source : FLICKR/JON RUSSELL

Xiaomi drops prices of five phones by Rs 1000 in India

With outstanding sales performance and becoming the number one smartphone brand for Q3 2018, in India, Xiaomi has announced a price cut on its popular phones like Redmi Note 5 Pro, Mi A2, and Redmi Y2. This has happened after it recently had increased the price of its budget segment Redmi 6 and Redmi 6A smartphones and two Mi LED TVs. 

With the drop in the price of the Redmi Note 5 Pro, Xiaomi is due to launch its successor called the Redmi Note 6 Pro on 22nd November in India. 

With the price drop, the Xioami Redmi Note 5 Pro with 4GB RAM+64GB storage is Rs 13,999, whereas the 6GB RAM/64GB storage model is Rs 15,999. The Mi A2 4GB+64GB model will be available for Rs 15,999, while the top end 6GB+128GB model is now priced at Rs 18,999 that was launched for Rs 19,999. Redmi Y2 also has seen a price cut of Rs 1000, wherein the 4GB+64GB storage will now cost Rs 11,999.

With price cuts on its most popular models, Xiaomi claims that this is context with their philosophy of honest pricing, with only 5 per cent profit on the products. With a reduction in component costs of some of their best-selling phones, the company decided to reduce the prices.

These new prices are effective from today on all sales platforms.

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