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Xiaomi buyers can get exchange discount on old smartphones with the help of cashify

The company has launched a new smartphone exchange programme. The Chinese company has paired hands with Delhi-based Cashify, a company which deals with used smartphones.

During the launch event of MIUI 9, the Chinese company has boasted of being the only company that was providing updates to devices dated back to 2012.
Xiaomi's latest Redmi Y1 and Redmi Y1 Lite will go on sale today on Amazon and The prices start at Rs 6,999 and goes all the way to Rs 10,999.
Shares of Qualcomm were up 1 percent at $65.25 in premarket trading, while those of Broadcom fell 0.7 percent to $263.