Redmi Note 10 gets a second price hike in less than a month in India
Xiaomi is risking incurring the wrath of its many fans in India with another round of smartphone price hikes. This time, it’s the Redmi Note 10’s price tag that has come under closer scrutiny from the Chinese OEM, and it appears now is the time to ask for a little more from potential smartphone buyers. A visitor to the official Mi India site will now find the Redmi Note 10 base model priced at ₹13,999 (US$189), although it is listed as “reduced” from a “maximum retail price” of ₹15,999 (US$216). The new price is ₹2,000 (US$27), or +16.7%, more than its original launch price.
The award-winning Redmi Note 10 was priced from ₹11,999 (US$162) upon its India launch, with this amount being required for the 4/64 GB variant. The price was rapidly hiked in April and an additional early August hike saw the price for both this model and the 6/128 GB version up by a total of ₹1,500 (US$20) over the original launch price. Now before August is even up, the entry-level Snapdragon 678-powered Redmi Note 10 has seen its price tag raised by a further ₹500 (US$6.70). The 6/128 GB model remains at its early August price of ₹15,499 (US$209).
There has been some speculation that Xiaomi may have hiked the price for the 4/64 GB Redmi Note 10 twice in one month because of an issue with obtaining components. But the company also supposedly prides itself on taking as low a profit margin as possible from each smartphone sale, and this is the third price hike that has befallen this particular device since its release. Now might be a good time to snap up the 6/128 GB Redmi Note 10 as the price difference isn’t as great, and there’s always the likelihood it will get a price hike soon, too.