The prices of xiaomi phones are going to rise

Xiaomi has managed to make a dent in the market, largely thanks to a range of very cheap smartphones, but with good specifications. On more than one occasion, he has already said that his profit margin from the sale of phones is minimal. Although on a couple of occasions a rise in prices has been ruled out. But there seems to be a change in strategy.

The prices of Xiaomi phones are going to rise

It has been the CEO and co-founder of the company, Lei Jun, who has made these statements. We can expect a general rise in the price of the Chinese manufacturer's phones.

Price rise on Xiaomi

One of the company's objectives is to invest more, so that they can produce better smartphones and products in general. In addition, they want to partly remove the cheap brand image, which in many cases makes their high-end not be taken seriously. This is not a new strategy that Xiaomi follows, since other brands such as Huawei followed the same steps in their day.

So also 7, which until now were really tight. Although at the moment it has not been specifically mentioned how big this price increase is going to be.

Surely in the coming weeks we will know more about this price increase on Xiaomi phones. A rise that the brand had postponed on a couple of occasions, but that finally will not wait any longer. What do you think about this decision?

Gizmochina Fountain