Xiaomi Drops Prices of Redmi Y2, Redmi Note 5 Pro and Mi A2 by Rs 1,000 in India

Xiaomi India today announced that it’s dropping prices of three smartphones by Rs 1,000. The phones in question are the Xiaomi Redmi Y2, Redmi Note 5 Pro and the Android One Mi A2. Xiaomi has announced this price cut on the occasion of it retaining the top spot in the Indian smartphone market for five quarters in a row. For the unaware, IDC yesterday reported that Xiaomi shipped 11.7 million smartphones during Q3 2018 and retailed its top spot. Xiaomi today announced that the Redmi Y2’s 4GB+64GB variant price has been dropped to Rs 11,999 from the launch price of Rs 12,999. The Redmi Note 5 Pro’s base variant is now back to its launch price of Rs 13,999, while the Mi A2’s price is reduced by Rs 1,000.

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Xiaomi Redmi Y2, Redmi Note 5 Pro and Mi A2 Becomes Affordable in India

Xiaomi launched the Redmi Y2 in India back in June this year. The Redmi Y2 arrived in two variants- 3GB+32GB and 4GB+64GB. The base variant was priced at Rs 9,999 and the premium variant was priced at Rs 12,999. Now, the 4GB+64GB variant of Redmi Y2 received a price cut of Rs 1,000 and it’s now available at Rs 11,999 in India. Sadly, Xiaomi did not reduce the price of Redmi Y2’s base variant.

The other two smartphones which received a price cut are Redmi Note 5 Pro and Mi A2, both by Rs 1,000. The Redmi Note 5 Pro also comes in two variants- 4GB+64GB and 6GB+64GB. The base variant of the popular Note 5 Pro can be now purchased for Rs 13,999, while the 6GB RAM variant can be picked up for Rs 15,999. Before the price cut, the Redmi Note 5 Pro was retailing at Rs 14,999 and Rs 16,999 respectively.

Next on the list, we have the new launched Mi A2 whose price has been reduced by Rs 1,000. The Mi A2 was initially priced at Rs 16,999, but now, it can be purchased for Rs 15,999. Recently, Xiaomi brought a new variant of the Mi A2 with 6GB of RAM and 128GB of internal storage and this variant can be purchased for Rs 18,999, down from the launch price of Rs 19,999.

Xiaomi Continues to Lead the Indian Smartphone Market

Several research firms are coming up with their reports of how Indian brands performed in Q3, 2018. The popular firm, International Data Corporation (IDC), yesterday revealed its report and said that Xiaomi shipped a total of 11.7 million smartphones in Q3 2018. Furthermore, the Chinese handset maker secured a market share of 27.3% during the quarter, way ahead of Samsung which is placed in the second spot.

Xiaomi Increases the Prices of Redmi 6 and Redmi 6A in India

As we already know, Xiaomi operates with a very small profit margin which is the reason why the Chinese company is able to achieve those insane price tags. Recently, Xiaomi hiked the prices of five products in India. As for the smartphones, the Redmi 6 and Redmi 6A received a price hike of Rs 500 and Rs 600 respectively. The base variant of Redmi 6 is now available for Rs 8,499, while the same of Redmi 6A can be purchased for Rs 6,599 in the country. Xiaomi also hiked the prices of Mi Power Bank 2i and Mi TV Pro (32-inch and 49-inch variants).

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