According to the IDC report, the Chinese smartphone maker has shipped 11.7 million units and became the top brand in the Indian market with 27.3 per cent share in the third quarter this year. “As a celebration of that, Xiaomi is announcing price cut for five smartphones,” the Xiaomi said in a statement.
Check the revised price of the following Xiaomi smartphones in India:
Redmi Note 5 Pro (4GB + 64 GB)
Previous price: Rs 14,999
Revised price: Rs 13,999
Mi A2 (4GB + 64 GB)
Previous price: Rs 16,999
Revised price: Rs 15,999
Redmi Y2 (4GB + 64 GB)
Previous price: Rs 12,999
Revised price: Rs 11,999
Redmi Note 5 Pro (6GB+128GB)
Previous price: Rs 16,999
Revised price: 15,999
Mi A2 (6GB+128GB)
Previous price: Rs 19,999
Revised price: 18,999
Xiaomi notes that all of these new prices will come into effect from 12: 00 pm IST today, across all sales platforms. On the backdrop of changes in PCBA import taxes and the rupee depreciation against the US dollar, Xiaomi had increased the price of the Redmi Note 5 Pro variant in May this year. The price of the 4GB RAM variant was increased back then by Rs. 1,000, and now the new price introduced by Xiaomi today brings it back to the original launch price.
With fierce competition happening in the mobile phone vertical, this is for the first time that both smartphone market and feature phone market stand neck to neck with each contributing 50 per cent to the overall mobile phone segment.