Xiaomi boasts about record-breaking sales of Mix Fold 3, Redmi K60 Ultra

17 August 2023
The new foldable sold 2.25 times more than its predecessor; the Redmi sale exceeded 220,000 units.

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Anonymous, 18 Aug 2023exaggerated. Since when is it 4x or 400% more? Its more like 40%.Fine I may have exaggerated but the price increase is still ridiculous, 130%.

(350 > 800 is 130% increase).

Can literwlly only mean Xiaomi wants extra profit now.

    Anonymous, 18 Aug 2023excessive and overprice yes, but at least be reasonably acc... moreI am being accurate. I was not the commenter who said 400%/4x. That was a different person

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      • Anonymous
      • uJA
      • 18 Aug 2023

      Also i believe street price are much lower than retail, at least from my country the street price are commonly 10% lower than official pricing, with 13Ultra going almost 20% lower.

        • ?
        • Anonymous
        • uJA
        • 18 Aug 2023

        Aierlan, 18 Aug 2023Actually, I looked it up. This year Xiaomi are charging ro... moreexcessive and overprice yes, but at least be reasonably accurate. Other wise, might as well state 1000%

          Anonymous, 18 Aug 202370% is still nothing close to 400% or 300% more. Thats a di... moreTrue, nowhere close to that amount but excessive nonetheless when compared with other Chinese brands

            Anonymous, 18 Aug 2023exaggerated. Since when is it 4x or 400% more? Its more like 40%.Actually, I looked it up. This year Xiaomi are charging roughly 80% more in Europe compared to Chinese pricing. I have quoted some examples below. Basically, in terms of mark up, this is more than any of the other Chinese brands charge in Europe.

            Examples
            Xiaomi 13 8gb 256 gb - China price 4,299 rmb (542 euro) - Europe price 999 (Euro) - 84 % increase
            Xiaomi 13 ultra 16 gb 512gb - China price 6,499 rmb (821 euro) - Europe price for 12gb 512 gb (no 16gb variant in Europe) 1,500 euro - 83% increase

            Take Honor as an example competitor
            Honor Magic 5 pro 16gb 512gb - China price 6,199rmb (783 euro) - Europe price for 12gb 512gb (no 16gb variant in Europe) 1,200 euro - 53% difference.

            There is a huge gap between an 83/84% increase and a 53% increase. Costs of doing business in Europe would be the same so it can only be explained by simple profiteering. This is the main point. Xiaomi pricing in Europe is excessive compared to other brands for Xiaomi branded phones at least. Unfortunately, that's what typically happens when brands become more successful. They look for higher profit margins. A few years ago they didn't charge these type of excessive mark ups in Europe

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              • Anonymous
              • uJA
              • 18 Aug 2023

              Aierlan, 18 Aug 2023True but this year they charge about 70% more in Europe, no... more70% is still nothing close to 400% or 300% more. Thats a difference between a 1k phone sold at 1.7k and 4k.

                Anonymous, 18 Aug 2023exaggerated. Since when is it 4x or 400% more? Its more like 40%.True but this year they charge about 70% more in Europe, not 40%. This is a higher increase than other Chinese brands in Europe.

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                  • Anonymous
                  • uJA
                  • 18 Aug 2023

                  thedeev1, 17 Aug 2023What sucks is that it will cost nearly 4x more when sold in... moreexaggerated. Since when is it 4x or 400% more? Its more like 40%.

                    • J
                    • JAcktackle
                    • n57
                    • 17 Aug 2023

                    I Just Read, 17 Aug 2023The price you quoted is incorrect From 91mobiles website ... more91 mobile prices are fake and estimated. Never look at that site

                      thedeev1, 17 Aug 2023Sorry I was talking about the K60 Ultra. Costs 250 dollars ... moreWhat I mean, for folds is competition too poor or none, for classic design, all cameras on hi res vs 1 camera on hi res - that kind of ''competition''.

                        thedeev1, 17 Aug 2023Sorry I was talking about the K60 Ultra. Costs 250 dollars ... moreThe price you quoted is incorrect
                        From 91mobiles website

                        The prices of the Redmi K60 Ultra are as follows:

                        CNY 2,599 (approx Rs 29,861) for the base model with 12GB+256GB storage.
                        the 16GB+256GB storage version is priced at CNY 2,799 (approx Rs 31,831).
                        The 16GB+512GB storage option is priced at CNY 2,999 (approx Rs 34,101).
                        The 16GB+1TB storage variant is set at CNY 3,299 (approx Rs 37,897).
                        The model with 24GB+1TB storage comes for CNY 3,599 (approx Rs 41,344).

                        The base price was CNY 2599 is today $356.32 or € 327.47 so over

                        Added is the Redmi K60 Ultra, the article states the Redmi K50 Ultra relaunced as the Xiaomi 12T Pro so on 09/01/2023 Xiaomi 13T Pro?
                        https://www.gsmarena.com/compare.php3?idPhone1=11580&idPhone2=11887&idPhone3=12470

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                          • Anonymous
                          • tZj
                          • 17 Aug 2023

                          NickValok, 17 Aug 2023Nevertheless, China is facing its worst economic downturn i... moreChina's main issue is rapidly aging population. While China's latest economic statistics are lower than forecast, the country is still not at the level of suffering economic downturn.

                            vrvly, 17 Aug 2023Why they wouldn't, with no competition, its easy to se... moreSorry I was talking about the K60 Ultra. Costs 250 dollars in China but will be sold for 800 euros internationally. And for slab phones there is PLENTY of competition.

                              K60 Ultra should sell better than Mix Fold 3, especially with people not prepared for foldables and those haters.

                                thedeev1, 17 Aug 2023What sucks is that it will cost nearly 4x more when sold in... moreWhy they wouldn't, with no competition, its easy to sell lite version at slightly lower price, with similar specs as those sold by others.
                                Lol, apple still with no fold. Mate folds already a history, still no competition in hw or useful design.
                                Only copycats now.
                                All with the same shapes, like round corners, same symmetrical shape, no back design are the only option.

                                  That's why Mate x2 foldable with 0.6x,1x,3x,10x is still worth nearly 4000euro, since nothing comes close.
                                  Mix fold 3 got also 4+ cameras 0.6x,1x,(2x digital),3x,5x 1500euro is a great price considering what others offer, may be 2000euro later.
                                  I would place vivo x fold 1.gen to 3rd place with 0.6x,1x hi res and 2x,5x low res, perfect phone if you prefer hi res sw lens, not sure but may go for 1300euro.
                                  Not saying that cheap foldables are not great, as its affordable to more people, but its just mid range camera hw. Nothing for those buying flagships.
                                  No wonder MF3 sell like hot pancakes.

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                                    • Anonymous
                                    • 6js
                                    • 17 Aug 2023

                                    NickValok, 17 Aug 2023Nevertheless, China is facing its worst economic downturn i... moreMeanwhile in the real world China's GDP keeps growing, the rural side gets rapidly urbanized and real wages increase in comparison to the US and the West

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                                      • Tk89
                                      • SiN
                                      • 17 Aug 2023

                                      The price difference in the global launch is very annoying. I hope they won't do same this year

                                        47cosmos, 17 Aug 2023Ok ok, waiting for 13T Pro. Pls xiaomi allow us to remove g... moreWhat sucks is that it will cost nearly 4x more when sold internationally :V

                                        I guess Xiaomi is now trying to win back the profits that it lost for selling so cheap so many years. There is no way shipping, RnD, marketing, etc warrants that much of a price increase.

                                        It's like Apple charging 1000 USD on iPhone in USA, and then selling it for 4000 USD internationally to compensate for something.

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