Xiaomi India has cut down the prices of its top performers of the year 2018. The announcement comes days after Xiaomi announced the increase in prices of its entry-level smartphones Redmi 6, Redmi 6A citing depreciation of Rupee as the reason.
The company’s Global VP and India MD, Manu Kumar Jain, took to Twitter to announce that as part of their celebrations for being the highest selling smartphone in India for continuous 5 Quarters, Xiaomi is slashing the prices of its best selling smartphones Redmi Note 5 Pro, Redmi Y2 and Mi A2.
2nd big news of #Super3! 🎉
To celebrate No. 1 position for 5 Qs, we are dropping prices of 5 phones by ₹1000!
* Redmi Y2 (4+64): ₹11999
* RN5Pro (4+64): ₹13999
* RN5Pro (6+64): ₹15999
* Mi A2 (4+64): ₹15999
* Mi A2 (6+128): ₹18999#HonestPricing #1SmartphoneBrand (2/2) pic.twitter.com/DD7f4ckq6Q
— Manu Kumar Jain (@manukumarjain) November 16, 2018
Xiaomi phones revised prices
All the phones get a price cut of Rs.1000 each. The updated prices are as follows
- Mi A2 (4GB+64GB) – Rs.15,999
- Mi A2 (6GB+128GB) – Rs.18,999
- Redmi Y2 (4GB+64GB) – Rs.11,999
- Redmi Note 5 Pro (4GB+64GB) – Rs.13,999
- Redmi Note 5 Pro (6GB+64GB) – Rs.15,999
It is worth noting that the recently launched Mi A2 6GB variant has also received a permanent price cut. Xiaomi had claimed earlier that they will always stick to their commitment of not making more than 5% net profit from the overall hardware and this move seems to justify that as the prices of components reduce over time. This should be a good news for people who didn’t buy in Diwali sales.
Redmi Note 6 Pro Release date announced
This step can also be justified by the launch of Xiaomi’s new budget level entrant Redmi Note 6 Pro. With the new device making its way to the market, it is obvious that the prices of its old phones will see a decrease. Redmi Note 6 Pro is slated to release on November 22 in India and it will start selling from November 23 onwards exclusively on Flipkart.