Xiaomi Mi 10 smartphone receives official price cut of 300 yuan (US$42)

It seems the Xiaomi Mi 10 has had a very welcome price cut, at least in its domestic market of China. Xiaomi posted a cryptic mathematical clue on social media for followers to solve, revealing how much money was going to be lopped off the price tag of the Mi 10 smartphone. The solution of 300 meant that a discount of 300 yuan (US$42) was put in place starting from 10:00 am (China Standard Time) on June 4.

Two variants of the Xiaomi Mi 10 are now going to be a bit cheaper in future thanks to the 300 yuan price cut: The 8 GB + 256 GB variant and the 12 GB + 256 GB model. Upon release, those two Mi 10 smartphones were priced at 4,299 yuan (US$604) and 4,699 yuan (US$660), respectively. This is an official price cut coming from the Chinese OEM itself, as opposed to a third-party retailer deal.

Shoppers in China looking for a new Xiaomi smartphone will now be able to take advantage of the discount offer on the two Xiaomi Mi 10 models, but it remains to be seen if this official price cut will be made global. There was a considerable hubbub in regard to news of the international pricing policy for the Xiaomi Mi 10 and Mi 10 Pro, and it could be seen as a savvy marketing move for Xiaomi to pass on these savings globally, especially as the difference between the domestic prices and foreign market prices would still be significant even with this price cut.