Chinese smartphone maker Xiaomi has today announced that it is increasing the price of its popular budget smartphone, the Xiaomi Redmi Note 5 Pro in India by Rs. 1,000. Additionally, the price of the MI TV 4 55-inch has been increased by Rs. 5,000.
The increase in prices has been attributed to the increase in import taxes of PCBAs. Xiaomi has said that the company is working on increasing the local PCBA production capacity but the company would reach 100% only in Q3 of 2018. To meet the increasing demand for the Redmi Note 5 Pro in India, the company has started increasing the PCBA imports.
It will be interesting to see if the increase in price leads to more people buying the Asus Zenfone Max Pro M1, which is priced very competitively and offers similar specifications. The changed pricing will be effective from tomorrow, 1 May. Those who have pre-ordered the device will get it at Rs. 13,999 but all new orders will be priced at Rs. 14,999.
The Mi LED TV 55-inch has suffered the same fate and the TV will now be available for Rs. 44,999 after an increase of Rs. 5,000. This is the first time Xiaomi has increased the prices of its products in India.
Xiaomi Redmi Note 5 Pro Specifications
The Xiaomi Redmi Note 5 Pro comes with a 5.99 inches display with Full HD+ resolution and 18:9 aspect ratio. The smartphone is powered by Qualcomm Snapdragon 636 chipset and comes with up to 6GB of RAM. The smartphone is running on Android 7.1 Nougat layered with the MIUI interface from Xiaomi.
It features a dual camera setup at the rear including 12MP + 5MP sensor and a 20MP selfie camera. Redmi Note 5 Pro comes with 4000 mAh battery for long usage.
Xiaomi Mi TV 4 Specifications
To recap, the Mi TV 4 comes with a 55-inches 4K UHD HDR display, Xiaomi’s custom Patchwall UI with Android underneath and 2GB RAM with 8GB internal storage. The first Xiaomi smart TV in India also comes with over 5,00,000 hours of content available in 15 Indian languages.