Xiaomi Mi3 will be released in India for just $250
Indian customers will be able to pre-register for the Xiaomi Mi3 starting July 15. The smartphone will cost just 14,999 INR, which means about $250. That’s definitely a great price for what the Mi3 has to offer.
Earlier this month, Xiaomi announced that it shipped 10 million Mi3 units in Asia since the handset’s initial launch (in late 2013). The Mi3 is the company’s flagship smartphone, featuring a 5-inch 1080p display, a 13MP rear camera, a quad-core Snapdragon 800 processor clocked at 2.3GHz, 2GB of RAM, and 16GB of internal memory. The device runs Android Jelly Bean, customized with Xiaomi’s MIUI interface.
India has its own manufacturers that sell affordable smartphones - like Micromax, Karbonn and Lava - but Xiaomi will likely be successful there anyway.
sources: Xiaomi India, Hugo Barra