Xiaomi has officially announced that its flagship phone, the Mi 5’s price has been cut by Rs. 2,000 in India,. This follows hot on the heels of a similar price cut in its homeground, China, where the Mi 5 is cheaper 200 Yuan RMB (approx 2,000 rupees).
The Xiaomi Mi 5 was originally launched in February in China, with prices starting from 1999 Yuan RMB. A month later, the Mi 5 was launched in India, for Rs 24999. But Xiaomi only released the base variant of the phone, which has 3GB RAM/32GB storage.
The 4GB RAM/64GB variant never made it to our shores, leaving a bitter taste in the mouth for Xiaomi India’s fans. That being said, the Mi 5 price cut is not exactly surprising, considering that its biggest rival, the OnePlus 3, is available for Rs 27,999 with double the storage, and an extra gig of RAM.
The new affordable price tag is a slightly reasonable one for the Mi 5, but considering that it only has 32GB of storage, it’s still a hit and miss. If that doesn’t deter you, you can now buy the Xiaomi Mi 5 for Rs 22,999 from Mi.com/in.
Though Xiaomi says the price cut will also be reflected on Flipkart, the e-tailer is still selling the Mi 5 for its original price of Rs 24,999, and so is Amazon India.