Magazine

Buyers Are Excited About Redmi Note 13 5G Series, Xiaomi’s Income is 2 Thousand Crores in One Month

Posted on the 13 February 2024 by Mayankgupta
Redmi Note 13 5G Series rs 2000 Crores Revenue India

Xiaomi Redmi Note 13 series entered the Indian market on January 4. A total of three models have come under this new lineup, namely – Redmi Note 13 5G, Redmi Note 13 Pro 5G and Redmi Note 13 Pro+ 5G. After its debut in the global market, the lineup received such a massive response that 32 lakh units were sold within four months. In this country too, every model of the series has performed well. A few days after its release in India, it was announced by the company that the Redmi Note 13 5G series has crossed Rs 1,000 crore in revenue. And now it is known that Xiaomi has earned Rs 2,000 crore in just 1 month due to their latest series.

However, it is noteworthy that, like last year, Xiaomi has not disclosed the number of units sold in this new series. According to some tech analysts, the company may have wanted to keep the number of units under wraps due to fewer orders than other companies. In this case, the question may arise in your mind that if the number of units is relatively low, how is the revenue income high? The answer is, the prices of the new Redmi Note models are relatively high.

Please note that the price of the previously launched model under the Note-series started at Rs 9,999. Whereas the newly launched Redmi Note 13 5G (Redmi Note 13 5G) phone price starts from Tk 17,999. That is, there is a huge gap in the starting price of the successor compared to the predecessor. On the other hand, the top-end model of the series Redmi Note 13 Pro+ has reached a maximum price of Rs 35,999.

Xiaomi basically included several premium features in these latest devices under their sub-brand this year. That’s why the prices of phones have suddenly increased so much. Buyers, on the other hand, have rushed to buy the phones as they get access to better quality features at a cheaper price than premium handsets from other brands. As a result, the owner company Xiaomi managed to earn 2,000 crore rupees in just 1 month!


Back to Featured Articles on Logo Paperblog