Xiaomi, one of the first manufacturers that come to mind when it comes to budget-friendly models in the technology world, has started to increase the price limits with its flagship devices in recent years. Although it is not yet on sale in our country, the Xiaomi 14 series starts at $550. However, CEO Lei Jun said that there will be an increase in prices with the 15 series.
CEO announced: It is inevitable that prices will increase in the Xiaomi 15 series
Xiaomi may change its pricing policy to increase competition in the high-end market. Accordingly, he stated that he wanted to significantly increase the prices of the new generation flagship phones. CEO Lei Jun made the first statement on the subject.
Answering some questions on China’s social media platform Weibo, Xiaomi CEO underlined that the 14 series introduced this year is at similar levels to the 13 in terms of price. However, Xiaomi announced that the price of the 15 will increase compared to the previous model.
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“Xiaomi hopes to produce better mobile phones and will no longer be stuck at this price in the future,” he said in a statement on the subject. CEO Jun cited high-end features and hardware improvements as the main reason why the company set higher prices.
For years, Xiaomi has attracted the attention of budget-conscious users by selling flagship devices at cheaper prices than its competitors such as Apple. However, the price policy seems to change due to global inflation and increasing hardware costs.
It is not yet clear how much the prices will increase with Xiaomi 15. However, considering that Apple has increased its top-end models by $100 to $200, Xiaomi’s high-end models may also start at $700.
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