Xiaomi Mi 5 gets a permanent price cut in India, now retailing at Rs. 22,999

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Taking the competition to another tangent, Xiaomi has dropped the pricing of its flagship device, the Mi 5. The device was earlier retailing at Rs. 24,999, with the latest price drop, it will now be up for sale at Rs. 22,999. This price drop brings the Mi 5 in a head to head battle with LeEco's Le Max 2. The company took to Twitter to share the Mi 5 price drop news.

Xiaomi Mi5

With the price drop, the OnePlus 3 is now Rs. 5,000 costlier than the Mi 5. The price difference might just give an edge to the Mi 5 in India as Indian buyers are price conscious. Earlier, the Indian buyers were going for the OnePlus 3 due to the double RAM, bigger display, and a metal body as it was just Rs. 3,000 costlier than the Mi 5. Now the price gap is increased by another Rs. 2,000. It would be interesting to see if this move proves to be helpful for Xiaomi in India.

To recap on the specifications, the Mi 5 smartphone features a 5.15-inch full-HD (1080×1920 pixels) with curved 3D Ceramic glass. It runs on Android Lollipop with MIUI 7 on top. The dual-SIM smartphone is powered by a Qualcomm Snapdragon 820 processor, paired with 3GB RAM and Adreno 530 GPU. The smartphone also features a fingerprint scanner, which is embedded into the Home Button. In the imaging department, it sports a 16-megapixel rear camera adorned with features such as 4K video recording functionality, four-axis Optical Image Stabilisation (OIS), dual-tone LED flash and PDAF. There is a 4-megapixel selfie camera onboard. In the connectivity segment, the phone supports dual-SIM, 4G LTE, 3G, Wi-Fi, IR Blaster, NFC, and USB Type-C port. It is backed by a 3,000 mAh battery with Qualcomm Quick Charge 3.0 support.

What's your take on the price drop? Share your views through the comment section below.

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