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Read more about Xiaomi Redmi Note 5 Pro, Mi TV 4 prices up: Should you buy at new rates? on Business Standard. Xiaomi raised prices of Redmi Note 5 Pro and Mi TV 4 due to an import duty hike on some components. Are the devices worth your money at increased rates? Here are the details to help you decide
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Xiaomi Redmi Note 5 Pro, Mi TV 4 prices up: Should you buy at new rates? Chinese electronics manufacturer Xiaomi on April 30 issued a statement confirming that it was increasing the prices of the Redmi Note 5 Pro smartphone and Mi LED TV 4 (55-inch). XiaomiGlobal Vice-President Manu Kumar Jain confirmed that the price revision was on account of the recent changes to the import duty on printed circuit board assembly (PCBA) and a depreciation in the value of the Indian rupee. The Redmi Note 5 Pro was launched in India in two RAM/storage variants – 4GB/64GB and 6GB/64GB – priced at Rs 13,999 and Rs 16,999, respectively. The
price revision is applicable only on the 4GB/64GB variant, which will now cost Rs 14,999. The Mi TV 4, on the other hand, will now get dearer by Rs 5,000 and cost Rs 44,999. ALSO READ: Xiaomi Redmi Note 5, Redmi Note 5 Pro, Mi Smart TV 4 launched: Details here Xiaomi, however, clarified that that it would honor all its pre-orders for the Redmi Note 5 Pro placed via Mi.com at the original price of Rs 13,999. Xiaomi claims that it has been getting a huge demand for the Redmi Note 5 Pro and Mi LED TV 4. But since its local PCBS production line would be completely operational by the third quarter of this year, the company is having to import a significant amount of PCBAs to continue manufacturing the products for meeting the demand. Article By - Business Standard