Xiaomi was forced to be justified in India by the market value of the Xiaomi Redmi K20 and K20 Pro. This is because the equipment is sold at a slightly higher price than in China.
The Mi Fans created a petition a few days ago for Xiaomi to lower the price of their new smartphones in the country, but Xiaomi responded to the letter indicating that this will not be possible. It also indicates that with these new mobile phones their profit margin is below the intended 5%.
Price justification points of the new Xiaomi Redmi K20
- MIUI without advertising (not in China)
- Superior processors and considerably more expensive than their predecessors
- AMOLED display and considerably more expensive than its predecessors
- Popup camera
- Over 1 year of project
- China variant has 64GB less than what is sold in India
- Build quality is glass
- Less than 5% in smartphone profit
The above points summarize the 3 letters Xiaomi has prepared for its customers. The head of Redmi in India had no solution but to respond to the petition that was already starting to gain unfavorable proportions for the company's good marketing.
The truth is that for this price it's hard to find a better one. Without contesting the ideology of Mi Fans in India, we have to realize that it is not any equipment that is at this good value. The Redmi K20, also known as Xiaomi Mi 9T, is selling for € 263 (with the promotion below). What can you buy at this price with this quality? Nothing!
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