Xiaomi is No. 1 in India! Cuts prices of Redmi Note 5 Pro, Mi A2, Redmi Y2, Redmi Note 5 Pro to celebrate
Xiaomi is now the No. 1 smartphone company in India. To celebrate in style and share the good news with the public, the Chinese company has permanently slashed the prices of five of its models in the country. International Data Corporation (IDC) reported yesterday that Xiaomi has shipped 11.7 million units to become the top brand in the Indian market with 27.3 per cent share in the third quarter of 2018.
Xiaomi reacted to IDC Quarterly Mobile Phone Tracker statement by saying, “We are delighted to share that we have seen a reduction in component costs of some of our best-selling phones. We were announced as the number one smartphone vendor in India for the fifth consecutive quarter".
The Chinese technology firm stated that the new prices will come into effect across all sales platforms from 12 pm IST today.
However, significantly, in the wake of changes in PCBA import taxes and the rupee depreciation against the US dollar, Xiaomi had earlier increased the price of the Redmi Note 5 Pro variant in May this year. The price of 4GB RAM variant was hiked by Rs 1,000, but the new price brings it back to the launch price.
After the price revision, the prices of five Xiaomi smartphones in India are given below: