Business Today
Loading...

Xiaomi CEO teases Rs 1.12 lakh smartphone, can be foldable phone

Xiaomi's CEO, Lei Jun, has confirmed plans for the ambitious project. He has hinted that the company can launch a new Mi MIX series smartphone.

twitter-logoIndia Today Tech | February 5, 2021 | Updated 12:07 IST

Highlights

  • Xiaomi is working on a new foldable smartphone.
  • The smartphone can be part of Mi MIX series.
  • Xiaomi's foldable phone to be priced over Rs 1 lakh.

When the first few foldable smartphones came out, we knew they were cool but too expensive and required some work. This is why only a handful of brands entered the category while others waited to avoid the early mover cost. Now, as we start seeing the second generation of foldable devices, the cost is likely to go down and there will be more options than before. If all things go right, then Xiaomi might launch a foldable smartphone soon as well.

Xiaomi's CEO, Lei Jun, has confirmed plans for the ambitious project. He has hinted that the company can launch a new Mi MIX series smartphone. This could be company's most expensive smartphone till date at 10,000 yuan (approx. Rs 1.12 lakh). Interestingly, this will also be company's first Mi MIX smartphone in more than two years.

In a post on Weibo, Jun asked users if they would be willing to buy a smartphone worth 10,000 yuan and further quizzed them on their expectations from it. The post doesn't give any details about the launch timeline of the phone or its details but certainly confirms that the company is working on it and has plans to launch it in future.

However, the company is expected to opt for a foldable design that can be opened and closed like a book. This smartphone might also be company's first foldable smartphone. It's worth mentioning that the Weibo post comes days after a new foldable device was spotted in the hands of a user inside a subway in China. The device looks quite similar to the one that was showcased by Xiaomi's VP a few years ago.

The only major difference seems to be a bigger display on the recently spotted smartphone. The new device appears to be covered by a protective casing and by looks of it seems to be an engineering prototype of the final device. The leaked image suggests that the smartphone runs MIUI 12 and has foldable screen as the Galaxy Z Fold.

Earlier, trusted tipster Ross Young had claimed that Xiaomi will launch three new foldable devices next year. Young had also claimed that the next foldable phone to arrive in the market could be from Xiaomi.

  • Print
  • COMMENT
BT-Story-Page-B.gif
A    A   A
close