Xiaomi Might Increase Prices Of Upcoming Flagship Devices In India

|

Both Xiaomi and Realme have recently cancelled their product launches in India. Xiaomi was planning to launch the Mi 10 series, while Realme was about to launch its Narzo series in the country. However, now it has been reported that Xiaomi is likely to increase the prices of flagship devices.

Xiaomi Might Increase Prices Of Upcoming Flagship Devices In India

 

The company's marketing head Anuj Sharma tweeted about the same. The tweet reads: "Frankly with today's exchange rate, increased GST in India & component pricing, flagship specs with killer prices are a thing of the past. We all might need to realign our expectations going forward."

This means that all upcoming flagship smartphones from the company are likely to be priced above Rs. 30,000. However, many smartphone buyers are expecting that the company will continue to offer the Qualcomm Snapdragon processor with its affordable handsets.

It is worth mentioning that the handset maker is planning to launch its devices with the Qualcomm Snapdragon 865 processor in the country. But, after this tweet, we expect that the upcoming device will be very expensive. The tweet comes after the Indian government has raised the GST rates by 18 percent as against 12 percent earlier.

For the unaware, all smartphone makers such as Oppo, Vivo, Apple, Realme, and Samsung have increased prices of their handsets from April 1. Xiaomi has increased prices by Rs. 1,000, while Apple and other brands have increased by Rs. 3,000 to Rs. 3,600.

However, now the situation has been changed and companies are likely to face challenges in terms of selling their devices in the country. The smartphone has become a secondary thing ever since the lockdown has been announced as people are spending more money on food. So, there are chances that the companies might start selling their inventory at discounted prices.

Source

Most Read Articles
Best Mobiles in India

Read More About: xiaomi

Best Phones

Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Yes No
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Gizbot sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Gizbot website. However, you can change your cookie settings at any time. Learn more
X