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Wireless

Xiaomi launches Mi Note 5, Mi TV devices in India

Thursday 15 February 2018 | 15:02 CET | News
Chinese smartphone maker Xiaomi has launched its 'Mi Note 5' smartphone and 'Mi TV' in India. Xiaomi makes 95 percent of its mobile phones in India through Foxconn's India arm. Xiaomi is studying a plan to absorb the impact of the increase in the import duty on components, The Economic Times reports, citing Manu Jain, Xiaomi's managing director of India operations and global VP. "We're working on a plan which will hopefully ensure that we won't have to raise prices. Of course, we don't have the margins but we won't increase prices", Jain said.

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Categories: Mobile & Wireless
Companies: Foxconn / TCL / Xiaomi
Countries: China
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