(MENAFN- NewsBytes) Xiaomi has increased the prices of Redmi 9A and 9A Sport smartphones in India by Rs. 300. The budget smartphones now start at Rs. 7,299 (up from Rs. 6,999). The revised prices are applicable across all online and offline sales channels, including Amazon and Mi.com. According to Xiaomi, the increase in the cost of smartphone components is the reason behind the latest price-hike.
Takeaways Why does this story matter?
This is not the first time that Xiaomi has hiked the prices of its budget-range smartphones in India this year. In recent months, the company has increased the costs of the Redmi 9 series, Redmi Note 10, and Note 10S models. Companies like Samsung, Vivo, and POCO have also made some of their offerings a bit costlier due to the shortage of phone components.
Quote 'A surge in price is inevitable'
"Due to massive demand-supply mismatch, majority of components used in smartphones have seen an upward movement in their prices. Unfortunately, due to such market dynamics, a surge in price is inevitable and it is further leading to price-hikes on some of our models," said Xiaomi.
Design and display The phones have an HD+ LCD display
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