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Xiaomi cuts prices of 5 smartphones in India
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IANS | 16 Nov, 2018
Chinese smartphone maker Xiaomi on Friday announced that it was
permanently cutting the prices of five of its handsets in India, a day
after the International Data Corporation (IDC) declared that the company
was the market leader in the third quarter of 2018 in the country.
"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, as per
IDC Quarterly Mobile Phone Tracker.
"As a celebration of that, Xiaomi is announcing price cut for five smartphones," the company said in a statement.
The
4GB+64GB variants of Redmi Note 5 Pro, Mi A2 and Redmi Y2 are now
available for Rs 13,999, Rs 15,999 and Rs 11, 999, respectively while
the prices of 6GB+128GB variants of Redmi Note 5 Pro and Mi A2 have
dropped to Rs 15,999 and Rs 18,999, respectively.
According to
the IDC report, the Chinese handset maker shipped 11.7 million units and
became the top brand in the Indian market with 27.3 per cent share in
the third quarter this year.
This is the first time when the
smartphone market is at par with the feature phone market, each
contributing 50 per cent to the overall mobile phone market.
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