The Xiaomi Mi4 was launched back in July and has always been the biggest-selling Chinese Smartphone until Meizu MX4 came to the market. To compete with the Meizu MX4 the company has announced a new product and its price, which are considerably cheaper than before.
The new Xiaomi Mi4 is the low-cost edition of the Xiaomi Mi4. The difference between this low-end version and the original is that the low-cost edition has 2GB RAM while the original has 3GB RAM.
Besides the low-cost edition, Xiaomi is getting reader for their huge sale at 11th November by lowering the prices of their products in Chinese electronic shopping website, Tmall. These products are the Mi4, Red Mi 1S, Red Mi Note 4G Enhanced Version, Mi TV 2, Mi Pad, Mi Mobile Battery, Mi Box, Mi Router, and Mi Band.
It is interesting to note that in Xiaomi’s promotion page, the Mi 4 is tagged with “1?99 RMB,” implying that we may see a decrease in the Mi 4’s cost from 1799 RMB (293.75 USD). Merry Christmas to us indeed! Just how much Xiaomi will lower it, we do not know. We will just have to wait. [source]