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The Redmi K30S may already be a success as Xiaomi records over US$34 million worth of sales in just one minute

The Redmi K30S. (Source: Xiaomi)
The Redmi K30S. (Source: Xiaomi)
Xiaomi released the Redmi K30S last week. The phone, essentially a cheaper, rebranded Mi 10T, went on sale yesterday, with Xiaomi recording 100,000 purchases in just one minute. That translates into over US$34 million of sales, at the listed discount base price tag of CNY 2,299 (US$343).

Xiaomi launched the Redmi K30S last week as a rebranded Mi 10T for secondary markets, starting with its home market of China. In typical Xiaomi fashion, the phone went on sale yesterday and performed exceedingly well.

In a post shared by the official Redmi account on Weibo, the company announced that it sold 100,000 units of the Redmi K30s in just one minute. Those are pretty normal launch-day sales for Xiaomi nowadays, as the company recorded similar numbers with the Redmi K30 Ultra a few months ago. It's a strong testament to the company's growth, however—growth that saw it outsell Apple to become the best-selling smartphone brand in Q3 2020.

While the Redmi K30S carries an MSRP of CNY 2,599 (US$388), the company is currently selling the phone with a CNY 300 discount, which leaves the price tag at a more attainable CNY 2,299 (US$343). That's for the base model, though, so it's logical to conclude that Xiaomi's made at least US$34 million of sales from the Redmi K30S yesterday. 

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> Expert Reviews and News on Laptops, Smartphones and Tech Innovations > News > News Archive > Newsarchive 2020 10 > The Redmi K30S may already be a success as Xiaomi records over US$34 million worth of sales in just one minute
Ricci Rox, 2020-11- 2 (Update: 2020-11- 2)